Since both of you accused me of laziness and told
me to read the 200 previous posts when I asked
questions about PZN (which I thought was the purpose of
this bulletin board's existence), I called and spoke
at length with Kerry Reitz in IR. Since you were
both so rude and unhelpful to me, I will keep the
valuable info. she passed on to me to myself.
the superiority complex.
Just because other people on this board are
idiots doesn't mean I have to be one, so I am happy to
share the little that I learned. Perhaps "valuable" was
a slight exaggeration, as she probably didn't tell
me anything she didn't tell you. The one bit of
info. I got was that she virtually guaranteed me that
PZN will pay the special dividend by year-end and
maintain its REIT status - whether the dividend is cash or
not remains to be seen. There was some speculation on
this board that PZN might forfeit its REIT status and
re-merge with CCA. She also told me it is unlikely that
the Nov. 10 earnings release will have any info. on
their year-end plans. She implied late November to
early December as the period where the big news will
Doctorlaszlo, can you give me your
opinion...If no strategic investor is found and PZN pays out
the dividend as some form of preferred stock (which I
think the most likely scenario), what do you think will
happen to PZN stock?
You can show them you are not lazy. I'm
appointing you to reply to all the messages from new posters
like yourself. You will now be the one to answer all
questions from those who haven't even looked at PZN press
releases,c 10-Q's or read any messages here to find out what
PZN is about. Some of these haven't even looked at a
quote on PZN, but come on here to find out what has
been happening over the past year or two. So now you
will get to answer all those "I saw PZN has a 25%
dividend. Please tell me all about this company and if I
should invest in PZN" type questions. Don't worry,
you'll recognize them.
The rest of us, in the
meantime, will be happy to help those who have tried on
their own to find out what's going on but are confused
as to certain aspects of what they read in the press
releases or SEC filings and need some clarification. We
understand that getting confused is very easy to do with
PZN. Most of us still are somewhat confused.
the first oak leaf cluster pin on your MBMSA
(Message Board Meritorious Service Award) medal which the
General awarded to you for #7461.
Now, with #7470,
you've garnered your second cluster.
"attitude," N_H_Y, as expressed in the aforementioned
postings, you will have, singlehandedly, done more to
reduce the General's consumption of Maalox and Pepto
Bismol than any other poster to this thread.
are hereby forewarned that any continuation of such
"good works" and you would be well advised to,
concurrently, short Novartis and PG,
Outstanding, sinply outstandaing
I did not ask tham "I saw PZN has a 25% dividend,
please tell me about PZN." I posed two very specific
questions about the company after stating my own opinion
and specific facts. In the time it took them to tell
me "I am not going to give you an answer" they could
have given me three answers to my
And now I can say the same for you.
Since I have not seen this question asked here
and no reference is made in all the company
documentation provided by PZN, can anyone advise why PZN is/was
incorporated in the State of Maryland? Other than tax laws,
what are the advantages of being a Maryland based
corporation? Thanks in advance. G
Ooops, I mean, underwriter
headquartered in Towson, MD, and was one of the drivers,
originally, and, until the late lamented excruciating events,
a big backer of CCA/PZN.
A coincidence? 4
out of 5 paranoiacs agree.
are all of the fowlks taking their tax losses
shaken out now? I've been in this for this long, I'm
holding on now to see what happens come December 19th or
so. Even if they only pay out a partial cash dividend
and the regular quartely dividend, am I not getting a
lot of return for my money? This is returning 22%
annualized now and it appear to increase each year. If this
stock goes up to 20, then it will still be about a 10%
return in what appears to be a good cash flow stream,
just some confusion from the new face. It appears to
be quite simple. I could understand if this company
couldn't meet it's debt covenants, but PZN has an easy out
with dividended preferred stock at a minimum. So, you
then stuck with the 22% return. Why is that so bad? If
it's a whole dividend, I can realize an annual
dividend of up to 40% for just waiting a month and a half.
Somewhere between 22% and 40% for good cash flows doesn't
seem that risky. I'm I missing something here? Have
all these posters just confused everyone including
me? Plese feel free to comment.
I said, "I'm not getting a lot of return for my
money". I meant to say that it appears that I AM GETTING
a lot of return for my investment. Forget about the
fowlks who got in this tat 20+. Aren't most of them
shaken out now. If I had gotten in at that level I'd
have taken my losses in October and would buy back
around the middle of November so I suck up the old loss
and get the tax benefit and then turn around and get
the 4th quarter dividend plus the Special dividend as
gravy if it comes. What do I know, I'm just a simple