SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (24888)11/3/2002 3:01:40 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Hi Jay -

Where did the list come from ?

I am getting some information that NCN may not be as good as ERF.

There is another Canadian NG Trust that expect to list on the NYSE in additon to to Toronto in middle November -

PWI- PWI.to and PWIUF for a US dollar quote through Schwab or Fidelity.

Listing on the NYSE tends to improve the price - by 5-10 % - some times a two week 'pop' , other times it may take a year for the efficent market to reach pricing parity.

FPL is Florida Power and Light, which has nuke plants. You may prefer TECO, Tampa Electric, whic has been knocked down because of a small association with Enron. NYSE: TE. Price is about $15, wtih a $1.42 dividend.
Looks like it bottomed. A lower risk way to play this would be to buy options at 15 - try TEBC at around $1.40

If the stock craters, you are out the option price. If it soars, you are in on a reduced cost basis and can hold it with the dividend for a while so you can get long term cap gains, plus more appreciation.



To: TobagoJack who wrote (24888)11/3/2002 4:50:28 PM
From: rails99  Read Replies (1) | Respond to of 74559
 
Hi Jay: Check out FMI and DOM, along same lines.

Best Wishes;
Rails



To: TobagoJack who wrote (24888)11/3/2002 8:33:42 PM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Jay - you might want to look at the Utility HOLDRS ETF, UTH.

It has a bunch of Utes in it.

With the U.S. dollar at risk, and many of these UTEs near fully priced, and returning maybe 3-4% yield, why buy them ?

The depressed issues like EP and TE have more yield and upside, but unless you have USD Debt to service, why get exposure to the US dollar for stocks which are not dynamic ?