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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (35447)6/28/2003 3:11:46 PM
From: Seeker of Truth  Read Replies (1) of 74559
 
Jay, I actually like HTE.un and have bought some and subscribed to their generous DRIP program. To be sure four years is a short life but they say they bought these short term reserves cheaply enough to more than justify the acquisitions. Furthermore, they say that such short life time reserves are widely available, as compared with long life time reserves. So the business model is different. Meanwhile regardez le dividend!
Of course I may have been taken in by a smooth talker. It won't be my first time.(-:).
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