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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (18721)9/12/2002 10:55:37 AM
From: Cogito Ergo Sum  Respond to of 36161
 
Hi Frank,

Yes the dividend I agree. For this type of stock at some point it becomes like a lower risk version of a covered call :o)

regards
Kastel



To: Frank Pembleton who wrote (18721)9/14/2002 10:49:09 PM
From: Andrew  Read Replies (1) | Respond to of 36161
 
Only thing we have have to find out is if the dividend is safe. I've been watching the same thing. You never know with their problems they might cut it or suspend it.

In the meantime this stock looks like its going lower still from looking at the chart.



To: Frank Pembleton who wrote (18721)9/20/2002 3:41:09 PM
From: Cogito Ergo Sum  Respond to of 36161
 
Hi Frank,
It's now seriously in the sights eh! Bounced pretty hard off that 3.95 = your 4.5% divi idea ....
regards
Kastel