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American Capital, Ltd. Message Board

  • yando1946 yando1946 Oct 18, 2004 11:18 AM Flag

    Let's try civility

    I have for me what is real money in ACAS--$15k bought at just over $28. I bought it for the dividend and can live with some up and down in a reasonable range since I am dripping in an IRA with ACAS. Consequently there are no immediate tax consequences on the divy. when it goes down and the dividend purchases I feel good about the discount and when the share value goes up I feel good with how it looks in my portfolio. Around 5 years from now the share value price will become a lot more important to me. If it shold drop down to $28ish I will be tempted to buy a bit more, in the meantime holding and collecting is just fine.

    I am reading this thread with the hope of garnering real information. It is disturbing that this thread has degenerated into so much name calling. Can we all try being just a bit more civil and stay on topic with real content. Thanks.

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