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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (61246)6/2/1999 1:20:00 PM
From: James M. Belin  Read Replies (1) | Respond to of 132070
 
Mike,

Do you have any opinion on USEC (USU--NYSE)? The stock came public at $14.25; the offering involved the privatization of a government chartered corporation.. Morgan Stanley recently downgraded the stock on a poor industry outlook. At a recent price of over $11, the stock yields 9.8%. I question whether the dividend really is that safe. Supposedly the Company holds the largest market share in the global uranium enrichment industry. I do not own the stock yet, but I wonder whether this is a good vehicle for getting paid while waiting for a turnaround in the uranium market.

Jim