Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?

To: zebraspot who wrote (1356)	6/8/1999 12:51:00 PM
From: George T. March	Read Replies (1) \| Respond to of 2561

I have followed MAA on the charts for sometime but never took a positon in the stock. I own HME, EQR, CPT and BRE in the apartment sector. But MAA looks interesting at this level and appears to have made another short term bottom. I think that the reit pfd shares really go with the common rather than with long rates unless is a really big move in rates which tends to break that connection. The long rate move from 4.75 to 6% did not dent the attractiveness of the pfd rates of 9+ to 11+% and higher. As an aside, I trade at Fidelity who have just recently added a 1/4 point commission cost to trade the preferred shares. So, I'm in the process of moving that part of the portfolio and consequently have not tracked the reit pfds of late. Would be interested in knowing you best selections in the pfds at this time. Thanks...George