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.

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Pimco New York Municipal Income Fund III

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Comment by bigpocketsincon Apr 05, 2012 1:00pm

143 Views

Post# 19763740

RE: RE: RE: RE: Hi mobileguru

You know exactly what you are doing and so do most here. You are not posting here to discuss anything, you showed up out of the blue with a custom handle for this play and have not posted one positive thing. In closing I will use your line of enough said !!

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Global mobile payments predicted to reach around 650 BILLION BY 2015 !!! See paste:

We believe the addition of PayPal Here gives eBay another way to participate in the rapidly growing field of mobile commerce. According to Juniper research, the total volume of global mobile payments for digital goods, physical goods, money transfers, and NFC (Near Field Communications) transactions was approximately $240 billion in 2011; this is expected to almost triple by 2015. PayPal mobile processed $4 billion in mobile payment volumes last year (primarily through mobile applications), and vice president of Global PayPal Product Sam Shrauger noted on Tuesday that the company expects to process another $7 billion in 2012. Based on information from Square and other competitors in the space, we estimate that $15 billion-$20 billion of these transactions were processed by mobile card readers last year, and we believe PayPal quickly will become a leading player in this particular niche. Additionally, we do not believe the economics behind PayPal Here transactions will have a material change on our longer-term valuation assumptions for the segment; in fact, they may end up being accretive. We currently forecast PayPal will grow revenue at a high-teen average annual clip for the next five years with segment-level margins reaching the 25% range in the same period (compared to 21% last year).

The above is from here https://torontostar.morningstar.ca/globalhome/industry/news.asp?articleid=541377 and the Juniper Research Report they are quoting for data promiently contains Poynt see link : https://www.juniperresearch.com/reports/mobile_commerce_markets