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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: pvz who wrote (15341)	7/21/2002 1:55:10 AM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

PV: "For example, do you remember how high MO's dividend yield was when it bottomed a couple of years ago?" Oh yeah, and RJR's was even higher when I bought it at $17 a share in December of 2000 I think. What a nice run that was with MO and RJR, collecting the dividends, writing short dated covered calls and then finally selling the stock for a fat capital gain. MRK is fine, but I think I'd avoid buying stocks like this until the bottom is in. It maybe a good buy here at 40, but will definitely be a better later in the tuna melt, and it could become a fantastic buy (in the $20's?) when autumn leaves start to fall . . . Kb