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

Eagle Point Income Company Inc

<< Previous

Bullboard Posts

Next >>

Post by oakesyon Feb 09, 2000 9:48pm

228 Views

Post# 1347765

Lookin strong....

Were filling the gap down after earnings miss. This was a good chance to buy in at lower prices and still is IMO. Eicon will soon be releasing its Diva ADSL plus V.90 card , only one of several planned releases of ADSL products.They also plan to announce a new line of wireless modems. Despite the earnings shortfall , Eicon`s sales rose 27%. Sales of ISDN products remain strong , particularly in Europe. Long.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market