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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (1701)5/30/1998 3:11:00 PM
From: Jim Lou  Read Replies (1) | Respond to of 6439
 
Gary, RN could be a nice game.



To: Gary Korn who wrote (1701)5/30/1998 4:10:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 6439
 
Gary;
One came to mind; of course look at for investment appeal as well as the div. Betz Dearborn (BTL, a stock which I have probably held now for 25 years, and no doubt will be passed on to my heirs. Hitting/near 52 week lows.
Just one to think about.
I also like Capstead Mortgage (CMO), which has a juicy div. but has gotten trounced lately. It is highly influenced by the ebb and flow of interest rates, so be careful and perform your own DD. There is a CMO thread on SI.
Good luck and good luck to all unfairly suffering MO holders.



To: Gary Korn who wrote (1701)5/30/1998 5:01:00 PM
From: username  Read Replies (1) | Respond to of 6439
 
I'm looking at the oil drillers and some of the financial and bank stocks. How ya been, buddy?



To: Gary Korn who wrote (1701)5/30/1998 9:41:00 PM
From: Benchman  Read Replies (1) | Respond to of 6439
 
You might want to try Texaco(TX), they have a dividend of just over 3%. They also plan to buy back a billion dollars worth of stock. Currently, it's at 57 3/4, which I feel is low for them. I am figuring oil prices are going to have to start going higher soon, this should give them a boost, just my opinion. I don't own any now, since, most of my money is in MO. I saw someone mention Capstead Mortgage (CMO). I owned that twice. It keeps going lower. I bought at 21 or so, and after going to 22, it fell to 20, so I sold. I bought back in a few weeks ago at 19 5/8, and sold at 19 1/8. Now it's in the low 18's. So the progression isn't too good. The dividend IS great, it's over 11%, but, I heard there is some doubt whether they are going to be able to keep paying that size dividend.

Rob.