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Strategies & Market Trends : Strictly: Drilling II
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To: Cogito Ergo Sum who wrote (28155)2/14/2003 5:19:23 PM
From: isopatch  Read Replies (1) of 36161
 
Hi Kastel. Energy RTs have sure been acting well.

Mrs P is more the LT and income oriented investor than, wheeling and dealing, trader Iso:o)

In early fall 01' put together a basket of high yielding preferred stocks, for her account, and last year recommended she buy a sizable chunk of PVX.

She's been very happy with all of those investments.

Not a lot of capital appreciation. But, PVX has been throwing off absolutely enormous monthly income.

Question:

Have you gotten your information from them about how much depletion & depreciation can be deducted from gross distributions received? We've not received ours yet.

Isopatch
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