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Eagle Point Income Company Inc V.EIC


Primary Symbol: EIC Alternate Symbol(s):  EICB | EICC

Eagle Point Income Company Inc. is an externally managed, diversified closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve these objectives by investing primarily in junior debt tranches of collateralized loan obligations (CLOs) rated BB. In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities and other securities and instruments that are consistent with its investment objectives. The Company may also invest in other securities and instruments objectives such as securities issued by other securitization vehicles. The Company may also invest in other junior debt tranches of CLOs, senior debt tranches of CLOs, loan accumulation facilities (LAF) and other related securities and instruments. The investment advisor of the Company is Eagle Point Income Management LLC.


NYSE:EIC - Post by User

Post by Liquid8on Feb 01, 2000 1:53pm
235 Views
Post# 1305311

wireless/ADSL/ISDN

wireless/ADSL/ISDNtechnically the chart looks good - it should bounce here, and start climbing. A usual pattern on a stock that gaps down, when there is nothing fundamentally wrong with it. If you were waiting to buy more, now is the time. Stil can't beleive the stock price is this low compared to some of the pennies in the same area - all of which are no longer pennies, trading at higher market caps and have 1/100th of the revenue. We have seen these bounces before gentlemmen - look at DSG. The market is wrong on this and we know it. Can we get Eicon management to replay who their customers are? Please? I don't think anyone knew what the heck DSL/ISDN was when Eicon was already all over it.
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