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Non-Tech : First Union Bank -- Ignore unavailable to you. Want to Upgrade?

To: Esway who wrote (291)	7/1/2000 4:18:49 PM
From: checkmate	Read Replies (1) \| Respond to of 323

I sold my FTU at 32.00 Purchased at 40.00( it was recommended here in Canada by a broker as a core holding for US stocks abit 2 yrs ago) Anyway as a result I watch it , looks very cheap and a very good dividend. So the way I see it the price is low and will go lower because the people in the know feel the dividend will be cut. The day that happens the stock will go into free fall. If I am wrong and the Div stays then at some time in the future a purchase today will make someone a very good profit. I believe it all hinges on the dividend. Th best way to play may be purchasing 01 or 02 leaps then your loss is limited. My 2 cents CM