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Non-Tech : Is Terra Nitrogen Co. L.P. a good buy? (TNH)
TNH 83.960.0%Apr 2 5:00 PM EST
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To: Stephen D. Wilson who wrote (87)4/23/1998 9:21:00 PM
From: RRICH4  Read Replies (1) of 91
 
I think this stock is a buy in the 18 to 20 area.

With the company saying the expected payout to be $1.20 to $1.50 through the end of the year, you have to figure an annualized payout of about $2.00. With the uncertainty, I can't see paying more than 20.
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