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

To: David Alon who wrote (1808)	11/8/2001 12:27:54 PM
From: bill	Read Replies (1) \| Respond to of 11633

Called my broker. She says Pembina's new issue was sold out at 6:35,five minutes after the market opened here on the west coast. A stock often drops back after an issuingof new shares. If it drops back enough to cover the cost of the broker's fee,then it makes no difference. Works out the same. She says utility stocks, pipelines seem to be fairly valued. However, a report I read said Pembina has the most upside of all the pipeline stocks so as a hold for the next couple of years, it could give a nice capital gain while paying a reasonable distribution. I'll watch to see if it dips and, if it does, add to my position.