Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Knighty Tin who wrote (95149)	3/19/2002 8:45:43 PM
From: James R. Barrett	Respond to of 132070

Mike, Are you still forbidden by your employer from discussing stocks publicly? Jim

To: Knighty Tin who wrote (95149)	3/20/2002 8:15:12 AM
From: Tommaso	Read Replies (1) \| Respond to of 132070

If energy goes higher NCN, with its big payouts, might be a good alternative to CEFs, though I know you don't like royalty trusts. NCN, however, keeps aggressively acquiring producing properties. I would be several times richer than I am if I had just put all my money into an array of discounted CEFs in 1982 and left it there undisturbed to the present moment. As I have mentioned before, I did put $25 into each of about nine of them at about that time, using the Merrill Lynch Sharebuilder program--just to get the annual reports. By the time I was forced to cash out, that $225 was worth about $2,000, with all dividends and distributions reinvested.