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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (23378)8/5/1998 7:10:00 PM
From: Joan Osland Graffius  Read Replies (1) of 94695
 
Hi Bonnie, Re: REITs

I also can not believe what I am seeing with the REITS. One of the REITs I know well, FR, is trading below book value. This sector is starting to look like the biotech sector.

What do you mean by forcing REITs to buy back their stock. Most of them send their cash to the shareholders each quarter.

Joan
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