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.

Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?

To: James Kibler who wrote (2288)	4/27/2002 10:20:47 AM
From: Jeffrey Beckman	Read Replies (1) \| Respond to of 2561

James, Is this a company-specific set-back, or do you think it could be reflective of their sector or sub-sector. Still trying to figure out the news. Thanks, Jeff

To: James Kibler who wrote (2288)	4/28/2002 8:57:08 AM
From: Richard Barron	Read Replies (1) \| Respond to of 2561

Jim, I had sold most of my position in October when it was trading near 20 and had .51 FFO for the 3rd quarter, down from .51. I sold the rest on 4/22 when I figured that the blowoff high that I had sensed was in effect. I sold about 1/3 of my REITs that were trading more than 12xFFO. Long term, I think REITs are cheap compared to stocks at these levels, but some were trading too much over NAV with little FFO growth to justify it. I may consider some if NHP pulls back to 16, but I really am not investing much anymore. I have been spending time doing some community service and have lost interest in the market. I spend 10 hours a week, when I used to spend 70-80 following the market. Richard

To: James Kibler who wrote (2288)	5/4/2002 9:21:18 AM
From: Grommit	Read Replies (1) \| Respond to of 2561

NHP's report was not only dismal, it was scary. The uncollectable deferred rents -- even though they claim they were following GAAP, it sounds like it was aggressive accounting. Certainly, it's good that they are correcting that issue. I am unsure what the impairment of assets issues are, and do not have the desire to research it. I cashed in my NHP (at a fair profit) at the instant I read the press release. The other health care REITs which I hold are UHT and SNH. Which health care REITs do you think might be good investments? quote.yahoo.com