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

To: George T. March who wrote (537)	12/16/1997 3:54:00 PM
From: Richard Barron	Read Replies (3) \| Respond to of 2561

George, RA is expensive to me even at it's recent lows. Technically, I show lots of support at 25-1/2 and 24-1/2. I bought WKS for the first time around 32 about 6 months ago, when it had pulled back 12% from the highs even though it looked expensive to me . It only went up 1/2 way to the top, and then fell all the way to 30 and eventually 29-1/4. I made money trading it, but the long term position is only even, It has grown into it's earnings and I feel comfortable with it at 32, but RA reminds me of this scenario, and unless you are in for a scalp, it may end up at this same level in 3-6 more months. Since RA is going ex-dividend tomorrow, I wouldn't be surprised if it fell more. WKS is growing faster than RA and has a slightly lower FFO multiple by the way. Richard