HLPRB are availabe on yahoo stock quotes by typing in HL_pb. Also try HLPRB with your online broker.
Yes, I own it. However, I thought the bottom was $34 after watching it decline from $48; but it is cumulative and convertible with no problem unless HL goes bellyup. It pays a great dividend at $27 and has tremendous upside capital gains potential IMO. Of course I am still thinking in the old value investment mentality. All the money is being made in the high flying stocks where value based on earnings means nothing. Just can't go there; must be too old to change! Scared to!
Red Hat has a market cap of $17B currently. If I'm not mistaken their latest quarter brought in a cool $14M. Although, the company continues to lose money...the analysts think the company will turn a profit in the year 2001. Those zany analysts!
CBS Market Watch mentioned on Saturday's broadcast that tech. fat investors would do well to turn to gold in 2000 to protect profits. CBS indicated gold demand currently exceeds supply and "insiders" suggest a gold turn around is coming sooner than later.
They mentioned GSR and CBJ as companies poised to reap a big benefit but the boards seem to like HL, KRY, and CRRS.
Just now beginning my gold education so I've posted the CBS note on a few boards to see what kind of takes people have.
This board is a wonderfully refreshing change of pace from the psycho's who frequent the tech. sites.
Thanks for your reply. My purchase price was around $48. I probably should average down, but at 70, I don't have that much time to wait around. Today's price: unbelievable at $25 or so. 14% yield? At 14%, your investment doubles in 4 years.