More POPS & GOALS


If you have not been following POPS and Goals go to http://www.garyascott.com/archives/2003/12/15/956/index.html and http://www.garyascott.com/archives/2003/12/16/957/index.html

Here are eClub advsor Andy Kaegi's January 2004 POP & GOAL reviews.

#1:

For readers committed in UK equities; new subscription deadline Jan 22, 2004: New POP on FTSE 100 (Protection or Participation) due Jan 15, 2007 issue price 100 %, protection 100 % i.e. repayment in 2007 guaranteed at 100 %, participation 100 % starting at 103 %, i.e. underperforming FTSE by 3 % (if FTSE = plus 30%, POP = plus 27%; FTSE = plus 40 %, POP = plus 37 %; etc., if FSTE by 2007 has minus performance POP = +/- 0 % with repayment at 100%.

After recent recovery it may be a good idea to buy a 100 % protection and still participate on the upside.

#2:

Some structured products are again close to buy limit:

Euro GOAL 7 1/4 Royal Dutch 2007, limit 101 %, last price 101.75 %

US$ GOAL 5 3/4 Merck 2006, limit 94 % , last price 97 %

US$ BLOC on IBM October 2004, limit $ 85.5– or lower, last price 85.9

US$ GOAL 9 3/4 IBM Nov 2004, limit 100.5 %, last price 102 %

To get Andy’s February updates go to akaegi@bpcs.ch

Until next message, good investing

Gary


Related Artices

If you enjoyed this article "More POPS & GOALS" you may find these related articles of interest too:

    None Found