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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Peter W. Panchyshyn who wrote (4752)11/8/2002 3:00:12 PM
From: Scott Mc  Read Replies (1) | Respond to of 11633
 
I don't recall you comments on Worldcom, were you averaging down on it also?



To: Peter W. Panchyshyn who wrote (4752)11/8/2002 3:08:40 PM
From: Scott Mc  Read Replies (2) | Respond to of 11633
 
Yup I admit, I bought AE around $4.00 and its down to 3.88 or so, and it might even go lower. I remember when POU went under $14 you were razzing me, then it stopped when it went over $15,

I predict that stocks will fluctuate and when the price justifies your opinions/numbers/feelings/philosophies etc, I will hear about it. Your hindsight is 40/40..



To: Peter W. Panchyshyn who wrote (4752)11/8/2002 8:15:12 PM
From: trustmanic  Respond to of 11633
 
Most of the people research on the historical data of NT and projecting the company's future,They come to a conclusion that the future of NT is good.It should worth more than $2, that is why they are buying. If you get into the financial data of NT, there is not much left for this company's shareholder. Unless there is a major breakthrough in telecom technology , otherwise NT still needed to fight LU and other network provider.May be the company is getting back to good health in a year or two, but it still a speculative buy.
How to make money out of this play. To me it is a matter of gambling and not RESEARCH. I may spend a few months dividend to play NT, just like going to Vegas, but I would not bet for a sure win.
Income trust is for income and I don't want to mix it up with speculation.