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Gold/Mining/Energy : transcanada pipelines (TRP) -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (221)	12/7/1999 9:41:00 AM
From: HubTech	Read Replies (1) \| Respond to of 292

Actually, my opinion of why it's tanking right now is that the funds (just normal funds in general) are doing a little tax loss selling. Dividend funds, just may be buying during downturns like this. At least if I was invested in one, that's what I hope they would be doing. Also, these new fangled index funds have a strange effect because as a company's share price goes up or down so does there weighting within an index. The index funds, in order to maintain the correct weighting, must buy more in an up market and sell in a down market, effectively magnifying the up or down movement. Don't take me too seriously, though. I'm just a novice investor.

To: re3 who wrote (221)	12/8/1999 10:41:00 AM
From: SofaSpud	Read Replies (2) \| Respond to of 292

I won't bother posting my own rants -- I don't know any language clean enough to both express my views on TRP management and pass SI's code. Bet there are a bunch of analysts who feel the same way. A quote from yesterday's TD Action Notes: "Our view is unchanged; we believe that there is ample cash flow to maintain the current dividend and we consider the shares fairly priced [at $15.40]". TRP management bent over backwards to assure the analyst community that they wouldn't touch the dividend. That's gotta be a BIG hit in the credibility department.