Thu, Nov 27, 2014, 9:04 PM EST - U.S. Markets closed for Thanksgiving Day


% | $
Quotes you view appear here for quick access.

La Quinta Properties Inc. (LQI) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • Vaalie60 Vaalie60 Feb 19, 1999 3:58 PM Flag

    noon market

    My wife and I got through to the CFO this
    morning, after which she bought 1,000 shares for her
    portfolio. (I didn't buy today -- I'm already in deep --
    still, I may sell some lower-yielding stuff and buy more

    To sum it up, CFO states that there is nothing new
    since the latest press announcement. I asked about the
    recent Merrill Lynch 13G filing, showing ownership of
    8.4 million shares -- was this related to the FEIT?
    He was not aware of the filing, but said that they
    are planning to settle up the FEIT within the next
    couple of months by paying back $92 million on their
    debt to Merrill -- this will presumably cancel the

    My Conclusion: Merrill will not be dumping the
    shares on the market -- if that is what has been
    upsetting the stock price. Buy with confidence! (Where else
    can one get such a safe, almost 15% yield?)


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.