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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Comment by fightiamon Sep 27, 2011 8:51am
964 Views
Post# 19087537

RE: RE: RE: additional patents

RE: RE: RE: additional patentsStock, thanks for this contribution.  I was giving this play some serious thought last night and the more I think about it the more bullish I become.  Thanks for the chart but my technical acumen is still in the growing phase and I will take you word.  One of the links that you included was a post from "therock07" stating that Fidelity was buying at every opportunity. 

I am looking at this from an entirely different perspective.  Specifically, I am thinking about the JV with Times Internet Inc in India.  The Poynt app, as it relates to searching and finding movies, is one of the many sub-applications that will make a great hit in India.

In addition the JV with Times Internet indicates to me that it is a very cost efficient way of entering the Indian marketplace.  Secondary to that is the fact that internet providers know how to monetize almost anything.  Just take a look at your cable bill and you will get the poynt (pun intended).   I don't think that Poynt could have selected a better partner for this JV.

I know that there is a delay in the timesPoynt entry into India.  However, whenever it happens (and I hope soon) it will be a blockbuster. 

Again thanks for your contribution.

This is an afterthought.  Someone keeps rating my contributions very low.  Anyway enjoy yourself whoever you are!
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