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

To: Investor2 who wrote (53)	6/21/1999 11:51:00 AM
From: Paul Senior	Read Replies (1) \| Respond to of 387

Starting a small position today in FTU (First Union) @ 44. They look a little messed up as they try to integrate their recent acquisitions. But... at maybe a 11 pe and a 4+% dividend yield, and with their broad scope (71,000 employees, per Yahoo), FTU looks like a relatively good buy (relative to other bank stocks I follow). I'll try to add as stock drops further. Paul Senior

To: Investor2 who wrote (53)	6/29/1999 11:17:00 PM
From: Paul Senior	Read Replies (2) \| Respond to of 387

I2 and Thread: Starting a small position in American Capital Strategies (ACAS). Current dividend (at 9%) looks to me like it could be be sustainable. Risky investment though on a number of fronts: very small company, not much track record as a public company, possibility of secondary offering which might crater the stock. Also, my skill in being able to evaluate the various businesses to which they loan money and/or my ability to determine if they are able to sustain the dividend - well, that skill is poor. Also, in the October market crash, the stock was halved from its current price. Gee--- I'm almost talking myself out of the stock -gg-. On the other hand again, ACAS looks like it's a business that management knows and understands. There's some insider buying (although at lower levels from current $18 price). FWIW, Paul.