It's yielding 6 percent, trading at 10 times FFO funds from operation, the standard measure of REIT cash flow, it's diversified and I think you'll see 5 percent to 10 percent annual growth in FFO.
More Quotes from Ken Heebner:
We've had a 15-year bull market. People's belief in stocks as a place to put their retirement money isn't going to die slowly. I don't think the market is going to fall away right away. But I think what it means is there is going to be pressure on (stock prices).Ken Heebner
I probably didn't time it right.
Ken Heebner
Among the national carriers, Continental is the best run, ... I think you're going to see share gains by a company like Continental. I think the earning power here is 4 or 5 a share two years out.
Ken Heebner
I think that people are going to stay at home because of fears of terrorism and that domestic travel is going to be a surprisingly strong business, ... And I think the companies that are poised to benefit from that, Frontier and Continental, are going to do very well.
Ken Heebner
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