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Saturday, September 30, 2006

Is ACAS a BUY? It was for me.

A week ago I bought ACAS. American Capital is an equity partner in management and employee buyouts ; provides debt financing for buyouts led by private equity firms; and provides capital to private and public companies. I know that it is not a growth stock but low and steady wins the race in the long run. Currently they are paying 8.6% dividend and have and excellent DRIP program. They give you a 5% discount on the stock for Reinvested money.

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