We are not headed to another depresioin. By the end of the second quarter of next year we will see that the economy has stabalized and is beginiing to recover. By the end of next year we will be in a positive growth mode for the economy. Buying NTE for less than the cash on hand now and getting paid 18% while you wait out the macro changes will give a very nice total return in 2-3 years.
Nothing in life is free. Something doesn't smell right here. Even Ford was sitting on a big wad of cash back in the 1980s -- easy come, easy go. Not trying to rain on anyone's parade, but I would be a little cautious about this Macau company. I've been burnt by Motley Fool's enthusiasm before too (see COSI).
Having said all that, it might be worth nibbling with speculative funds.
I still believe my Nov 25 and Dec 2nd post - but the longer the negative news continues to come it may take until the third quarter for the overall economy to get going. - If that happens we might see a slight reduction in the dividend. - Still a very strong balance sheet. - it will be interesting to see what Obama does in his first 90 days. He is a great cheer leader and I believe that outside of the stupid mortgage / fionacial mess we have been "talking ourselves into a self fulfilling prophecy. If he can rally sentiment and make a couple of bold moves to get people thinking like there is a future again we will begin the recovery process.