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Strategies & Market Trends : Jameson Inns for 9.6 % yield

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To: Saban Kurucay who wrote ()10/13/1998 12:41:00 AM
From: PsycProf   of 1
 
I like this company but....

it operates largely like other REITs by growth. They open new Inns frequently and from what I hear the market in the deep south is already saturated. They are suffering from decreasing loads (ie. vacancy rates).

I do think they are a good prospect in this market due to their lack of fluctuation in price and fairly good plan of opening inns where other companies don't.

As far as investment potential (on a scale of 1 -10) I would give them a 6 for possible rate of return, a 7 for stability but a 2 for excitement. If you like the excitement of a stock that could double, triple or lose most of its value quickly this is not the one for you.

Just the humble opinions of a well traveled psychology professor from the deep south!

-psycprof
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