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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (4095)9/24/1998 9:23:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
Gersh; RE:" fund UP... "

...that's cool, man; bondz are cool; income is way-cool (^_^)

I'm studying these "ersatz bondz". This silly chart for KPC - Kentucky Power looks like an electro-cardio-gram or something. Annual dividend is USD $2.18/share, paid MAR/JUN/SEP/DEC.

It has this linear channel, man -- nominal value = 26, 8.385% APR yield. After every ex-dividend date (tomorrow is one) it gap-down opens below 26 like some kinda clock or something... target = 25.75 +/- 0.125, and if you catch it at 25.625, it has a yield of 8.5% APR.

Bitch always bounces. Grows upwards to 26.25 +/- 0.125. So like, I'm sittin' here, an' I'm thinkin'... this thing has been doin' this thing for the past five quarters, like a friggin' clock. nawwww...

...if it was that easy -- everybody would be doin' it (^_^)

-Steve
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