Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bridge Player who wrote (25192)	11/1/2006 4:13:20 PM
From: Wallace Rivers	Respond to of 78748

Still holding PDS, may swap to realize tax loss. Canadian govt. is being pretty disingenuous here IMHO. Purchased LUV today just north of 14.90. In one account, swapped out of KO to purchase. The strength of the legacies is greatly exaggerated and LUV still remains best of breed, trading at a 52 week low.

To: Bridge Player who wrote (25192)	11/2/2006 6:56:38 AM
From: Madharry	Read Replies (1) \| Respond to of 78748

this is all speculative on my part: But I think PWE is an excellent value no matter what happens. My own sense of this is that this is far from being a done deal. This government is afterall a minority government so they need support of other parties. It would seem to me is that the only fair way of doing things is to grandfather the existing trusts and place restrictions on any new acquisitions they can make. of course im not the government plus a lot can happen in four years, I think 8 years might be acceptable if they are not going to grandfather existing trusts. Otherwise I think that the trusts would have a good case for claiming that if they are forced to reconvert to a regular corporation that the canadian government should compensate them for their legal costs of converting from a corporation to a trust and back again. all in all seems like a pretty poorly considered decision just like so many we have seen from all governments.