SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : DRIPs -- Dividend reinvestment plans
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael W. Brom who wrote (9)11/2/1996 1:04:00 AM
From: BUE, R.C.   of 263
 
Hi from the frozen north (Minnesota)

I'm currently investing in both a DRIP and with a broker.
The stocks I have are:

1) Minnesota Power and Light (MPL). It has a dividend yield
of 8% and just purchased a car auctioing company which is
generating them some cash. It was as high as 36 when I
started to watch it and fell dramaticly. Now that this
car company is generating them some profit they are slowly
creeping up from their low of 24/ share.

2) McDonald's (MCD). Sold it. PE was too high. Quality, Service
and Cleanliness has been slipping. They have to build 2000
stores a year just to keep up with their decreasing in same
store sales. They've been juggling around upper management
in an attempt to attacking tuff competition. Too bad.
I really like working there when I was a kid.

3) Medtronic (MDT). I'm watching this one also. But there are
are a couple of warning signs that say no at this time
a) PE ratio is too high in relationship to sales growth
b) Book and Cash value per share is too low in
relationship to stock price
c) There's been alot of insider selling in the last
month
It's a REALLY good company but not at these prices

I've got several other stocks I either watch or own but I'll
save them for the next cold weekend

Trying to keep warm
Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News