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Non-Tech : j.c.penney -- Ignore unavailable to you. Want to Upgrade?


To: James W. Bradsh who wrote (38)9/9/2000 6:33:00 PM
From: Yogizuna  Respond to of 111
 
Yes, with the dividend pay out now so high for the current price of the shares, it would not surprise me too much if they decided to cut it by 50% or so..... For me, selling calls combined with the dividend is a pretty good deal, so I can't complain too much even though I would rather see the price of the shares appreciate.
So you have that same problem of not being able to buy depressed stocks at the absolute bottom? That's a pretty common "disease" out there. <g> Yogi