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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (23389)8/6/1998 2:35:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Bonnie, >>REIT is selling under book value with a 7%+ dividend.

You have to dig and find out how some of these reits evaluate their assets. Some of them are buying property above replacement value and have inflated asset values. Also I look at the free cash, history of property use - especially during recessions. It is important that they can get through an economic down turn and still deliver the dividend.

Joan