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: Jim Garrison who wrote (1380)	7/12/1999 8:00:00 PM
From: Richard Barron	Respond to of 2561

Jim, I actually got some NXL filled on my open order to buy at 18-1/16 while I was out of town. Company has a pretty good track record, and was trading at more than 20 x FFO in 1993. I like NXL now, trading at less than 9 x FFO a lot more than when it was a darling back then. I am just looking to trade most REITs for the time being, so I will sell some around 19 and most around 20, maybe keeping 10-20%. For the investor, I think this is a keeper near 18, but I'm not patient enough to wait 1-20 months for some appreciation. Richard