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

To: trustmanic who wrote (2358)	12/23/2001 4:29:18 PM
From: bill	Read Replies (2) \| Respond to of 11633

There was a warning re PWI in either the G&M or NP. I get them both and don't remember which. The report said they paid too much for Cypress. There were actually two reports and one said investors should be cautious because it was doubted that even the lowered distribution could be maintained. Certainly the mild winter (I did my 5 k today and it's like early fall)isn't helping NG prices and the OPEC, non-OPEC disagreement isn't helping oil prices. More importantly the US economy has slowed There is an oversupply but supply isn't the problem. It is lack of demand.I bought PWI, then averaged down. Now I will wait and see. I've had two non-trust unit companies suspend their dividends on their common shares so I'm getting zip. After that any distribution looks good. The recommendation I read said AET.UN was a better buy because of management and conservative distributions. I've got some of that,too,but bought, watched it slide, averaged down. If you're concerned, sell PWI and buy Pembina pipelines or one of the companies that holds a variety of trusts. Citadel seems good, although it may be fully priced. RRR is a possible. SDT. I like Great Lakes Hydro because its part of the Brascan group. Again, not huge distributions but more likely to be stable price wise. January, Feb, March could be ugly so defence may be the play.