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To: Larry S. who wrote (35888)	12/13/2001 10:45:05 AM
From: BWAC	Read Replies (2) \| Respond to of 53068

PCL bought Monday. Still watching RYN.

To: Larry S. who wrote (35888)	12/13/2001 10:47:53 AM
From: E.J. Neitz Jr	Read Replies (2) \| Respond to of 53068

PCL---like I said before--a good one. Will buy it...but all REITS are tied into interest rates and stock performance(price) reflects investors paying up to get yield. As interest rates start to rise...and PCL sells down..I will be buying this and my GNMA,s and a few other REITS. So, yes It is a very good stock. Risk free? No. Interest rate risk and asset risk. Forest fires etc...and other bizzare possibilities..but there is risk. But thank you Larry for mentioning it again.