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Donna

03/26/01 9:22 AM

#2455 RE: Aljorma #2452

Hi Fred, I wish I could help with that, but I've never employed that strategy, so I'm going to pass the buck on this to Dave (a.k.a. "guardian").

Donna

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guardian

03/26/01 9:39 AM

#2456 RE: Aljorma #2452

fred: have tried that a couple of times and in each case the trend is for a price runup into the dividend date with sharp drop immediately after that is hard to avoid as holding period is absolute (unlike earnings when you can sell before/after report). also the runup begins earlier so ties up money and dividend return as pct of price exacerbates the peak and after drop shock. decided there are better uses of money. IMHO of course.

best, dave