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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (33790)3/13/2009 10:31:32 AM
From: MCsweet  Read Replies (1) of 78748
 
Right now, I still like PIY yielding 18-19% at low 11's or lower. I expect them to declare a 1.05 April 1 dividend within a week. No debt due for a couple years. Company's common stock (FTR) just declared they won't be cutting the common dividend. Telecom company --- lots of debt and business could be slowing, but large cash flows and no toxic assets.

MC
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