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 : Property Captial Trust (PCT) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. K who wrote (15)	5/17/1998 9:05:00 PM
From: John S. Baker	Respond to of 17

Ads you may know, the dividend which produces this very high dividend rate results from the liquidation of certain properties. As such, one would have to consider it a one-time pay out, and not a continuing dividend. I just stumbled across this stock and am still doing my DD.

To: Mr. K who wrote (15)	5/17/1998 9:19:00 PM
From: John S. Baker	Respond to of 17

The following URL will give you the details to your question: sec.yahoo.com Basically, they are shutting the thing down. One asset remaining,which should be worth between 68 and 78 cents in July. At that point, remaining funds transferred to a liquidating trust ... you pay taxes as if you had received the remaining funds ... which will run for three years, spewing out maybe 20 cents per share. Current price 81 cents. Close to fully valued, I'd guess. BUT! See this url for additional info: freeedgar.com (If that doesn't work, go to Edgar, look up PCT's 10-Q dated 5-12-98, and check out Item 5 in Management Discussion.) What's your opinion?