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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (94810)3/3/2002 6:49:57 PM
From: Night Trader  Respond to of 132070
 
Mike,

Talking of high yields, any thoughts on the Pipeline Partner companies, specifically the Texas based Kaneb (KSL OR KPP)?

I bought a ton of KSL (too much) last August when it came out to take advantage of the price disparity between it and its sister KPP as well as the near 9% yield. It's gone up so that the arbitrage has largely gone now and I no longer have so much of it but the yield is still 7.76%.