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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (242920)7/23/2005 2:59:40 PM
From: Elroy  Read Replies (2) | Respond to of 1574005
 
What do you know about this company? Is it for real.

You probably already know more than I do about it at this point. It's for real (at least they paid me the 35 cent dividend a few weeks ago). There was some event in April where a company that held a lot of shares of TELOZ distributed the TELOZ shares to its shareholders, so that might be the April event, I really don't know.

I just bought some on a lark to get some yield with cash that was sitting in a 2% money market account. Aside from knowing that it is a natural gas trust in Louisiana, I don't know much about it.

And.....it always seems to happen this way. I bought it at $6.37 for the yield, and it's now above $10. Makes you wonder why you bother to learn a lot about some stocks when the ones you don't know anything about go up 60% in the three months after you buy them.