SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (4942)9/3/1998 1:58:00 PM
From: Investor2  Respond to of 78507
 
Re: "it looks like the dividend yield is at the highest point in the past 10 years."

I remember when several utility companies that I owned had dividend yields at the highest point in many years. They ended up cutting the dividends due to big write-offs, etc. The stock prices dropped by about 80% or more.

Best wishes,

I2



To: Paul Senior who wrote (4942)9/3/1998 7:10:00 PM
From: Terrapin  Read Replies (1) | Respond to of 78507
 
Hi Paul,

That was me who mentioned X recently. I was half-joking about its merits as a dividend play although I do consider its yield to be decent coupled with the ROE and the relatively low stock price... I haven't bought yet - waiting to see if the market fulfills James' worst nightmares <g>. It appears to be leveling out now so I will likely place a few staggered GTC orders and then see what happens. Not as potentially rewarding as, say, DSWLF but my gut feeling (please don't flame me - I know its not a Buffett/Graham valuation method! <g>) is that X is less risky. Of course that won't stop me from still going after DSWLF!

Personally I was using X as a barometer for Nucor but it looks like I should have bought that one a decade ago.

Good luck with X,
John