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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?

To: Richard Barron who wrote (478)	11/14/1997 12:13:00 PM
From: Richard Barron	Read Replies (3) \| Respond to of 2561

I spoke to Mike Nielan at Storage Trust Realty. 1-573-499-4799 x132 today. It seems they should be able to grow 8 or 9% per year for the next 3-5 years. With a 7.75% dividend and only an 11 FFO multiple, this is a great entry point for a 3-5 year investment that could return 15-18% per year for that time frame. Seems that Merrill Lynch might have downgraded SEA since they didn't win the secondary of 2 million shares offered a month ago. Maybe they have something going with PSA instead. Mike said Merrill hasn't returned their call yet to explain why they downgraded them. technically, there should be a lot of support near 23. Richard

To: Richard Barron who wrote (478)	11/16/1997 9:07:00 PM
From: George T. March	Respond to of 2561

Hi Richard, Sometime ago I posted that the market was headed down for a while. Well it did the down and I'm happy to say that my cycle work has turned up and it looks like the test of the lows was successful. That's both the intermediate and short term cycles which are based on the daily and weekly advance/delines. The measure is probably close to an eighty percent accuracy in its calls. I bought a few stocks Friday and intend to do some more buying early this week. I know the Reits have been very weak, but I think that will change as the long bond rate continues down. For those who like a specualtion, I like the chart and fundamentals of FAC which is building a nice base. Also, I agree with your SIZ call. It's a great interest rate play with some growth. I would also like to extend my thanks for your work on this tread. You sharing of your knowledge and calls has been very helpful. Regards....George