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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (24078)	11/14/2001 5:19:36 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 52237

NEM will be worlds largest gold producer. And the company is un-hedged which is bullish for gold imo. I like PDG and GG also. M.

To: Paul Shread who wrote (24078)	11/14/2001 8:54:06 PM
From: isopatch	Read Replies (3) \| Respond to of 52237

Hi Paul. Bet we'll see some public offerings from the better domestic security outfits so they can expand mfg capacity. That might be part of the reason for significant recent correction in INVN and the others. As for the list of long maturity fixed income securities, below, I've focused in on the S&P medium grade issues which are mostly in the BBB- to BBB+ range. Current yields range from 7.50 to almost 9% The is one convertible (NEM) and one issue is a closed end fund - TGG. Another idea was to include diversification by industry as well as by type of security. Don't own anywhere near all of there. But think they're all are worth a look. Every one trades on the NYSE. Most of them are trading a modest premium to $25/sh call price at par. Though some are technically callable now, it's about as likely as you refinancing your home mortgage with a 1/4 pt drop under your current rate. Peferreds are rarely issued with more than a small total # of shares, the volumes are generally low. For that reason, it makes sense IMHO to buy a basket of small positions vs going heavy into just 1 or 2. Am no expert on taxes. But, it's my understanding that, this year Canadian issues traded on US exchanges became subject (on top of the 15% Canadian withholding that's been in effect for many years) to backup withholding of an additional 31%. That's one of the reasons yields are a good deal higher on the few north of the border examples I've included in this list. Some investors don't want to be bothered with the paperwork necessary to recapture the withheld %ages from gov bureaucracies.<g> But I didn't want to edit those issues out if there were folks here will to take the extra trouble to nail down the additional income. Don't know if Turbo Tax and other software make the process easier or not. Put one speculative issue on the list. It's Placer Dome preferred. With low gold prices making profits hard to come by, this issue doesn't have the dividend coverage of the others. So naturally the market has priced it with a higher yield to adjust for the somewhat less secure status of the dividend. Can't think of anything else off hand. And am sure there's tons of questions I won't have the answer for. But here's the list anyway.<g> finance.yahoo.com Hope you find it interesting. Or better yet, rewarding. Cheers, Isopatch