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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: trustmanic who wrote (1647)	10/18/2001 8:06:26 PM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

Do you think it worth to exercise SDT.RT @ this time? ------------- You have any time between Oct 19 (when they should be in your accounts -- since the brokers are a bit slow sometimes might be a day later) and Nov 26. Theres no really big hurry to do it just yet. One will have to decide how he is going to play these. At the minimum there should be a premium to conversion of 10 to 15 % maybe more barring any unforeseen world events which could mean flat or worse if something should unfold. For long term holders and accumulators the risk of flat or worse is just too small. But there nonetheless. So judge the risks to yourself accordingly. The rights traded today between $0.11 and $0.17. So if that is any indication there is room for some trading in these and some reason to hold off on converting now. But the question remains -- Is there a chance to see returns in the 100 % or more range as per the past experiences with rights and warrants??? There is, but that will have to depend on how well and how closely someone wants to follow these. To do this they must be followed very closely. And each will have to judge for himself at what point he will be satisfied with a gain. Realizing that as you shoot for that higher and higher gain. The risks begin to increase accordingly. For those choosing the least risky, I see no harm in converting now. The rights costed you nothing and you can get the units for $3.55. They now trade for over $4. Thats a nice little gain. With next to no effort and not much risk. How the unit prices hold up from here on in, is anybodies guess. I can't see them falling to below the conversion price ($3.55) unless something major and unforeseen happens.