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To: Bill Harmond who wrote (133318)10/23/2001 2:29:14 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
thanks for the enlightening article. are you ready to join the brigade?

lock and load...



To: Bill Harmond who wrote (133318)10/24/2001 3:13:44 PM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
finance.yahoo.com^RMS&d=c&k=c1&c=^xau&a=v&p=s&t=1y&l=on&z=m&q=l



To: Bill Harmond who wrote (133318)10/24/2001 3:24:34 PM
From: craig crawford  Respond to of 164684
 
A House of Twigs?
interactive.wsj.com

By Barry Vinocur

Real-estate investment trusts have offered investors a haven for much of the past two years. After a lengthy stay in the stock market's doghouse, the Morgan Stanley REIT index broke its lease in 2000, posting a 26.8% total return. This year, too, the sector's benchmark index has outpaced most broad market measures, rising nearly 7% despite some early stumbles. But when Standard & Poor's recently reversed its long-standing ban on the stocks' inclusion in its equity indexes, REITs rightly felt that they'd finally arrived. S&P added Equity Office Properties to its flagship S&P 500 index following the close of trading October 9, while five other REITs were welcomed into the S&P MidCap 400 or the S&P SmallCap 600.

Yet this long-sought seal of approval may be laced with irony, as S&P's warm embrace proves no antidote to investors' cold shoulder. Since midsummer, real-estate fundamentals have been weakening, as Barron's noted in "Realty Check" (July 9). And concerns about REITs, in particular, have only multiplied since the September 11 terrorist attacks. Goldman Sachs cut earnings estimates for six REITs Friday morning.