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Re: biomanbaba post# 55

Tuesday, 07/28/2009 4:39:01 PM

Tuesday, July 28, 2009 4:39:01 PM

Post# of 1499
And the thing is...at the time those buying from Linn who locked in rates were getting a good deal at the time because no one saw oil bottoming out like it did so fast. For the next few years, they definitely have a steady cashflow that is better than most. When you consider the P/E, dividend, and quality of the company, I don't see how anyone could stick their money in a CD and live with the paltry interest rates currently being paid out by banks...I wouldn't do it! Better off keeping money under your mattress and in quality stocks.
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