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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Allen Furlan who wrote (3818)	4/12/1998 10:23:00 PM
From: Scott Mc	Respond to of 78530

Allen, thks for the info, I don't care for the REIT(just a quick look mind you)the Hechinger Bond play looks very attractive for the about 13% yield and 17% YTM. Re Eaglg, you are right the debenture is callable at 103.570, HOWEVER only if the stock trades over 27$ for 20/30 days, which of course would drive the bond up to at least $150. Eagle perked up a bit on thursday, I personally think this is an undervalued growth story and hope to see it back into the mid 20's before long.Scott