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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 bigpocketsincon Apr 11, 2012 10:31pm
178 Views
Post# 19783819

RE: RE: RE: RE: RE: Hey Vinney

RE: RE: RE: RE: RE: Hey Vinney

Not sure how we got on the topic of INT this way on the PYN board but I wanted to say I don't agree with Vinny raising conflict about INT here or on the INT board, I am not sure why he is doing this. INT should be discussed here in good light because of Ortsbo being integrated with the Poynt platform which is a good thing IMO. It benefits Ortsbo just as much as Poynt IMO, Poynt has millions of mobile users, key OEM preloads with a growing global mobile footprint and is growing considerable monetization that aggregates from the scale that is being achieved.

I am in awe of how successful the Ortsbo events have been. The world is getting more and more connected and to reach all the audience that is out there language is a barrier that Ortsbo is breaking. They are building quite the brand and I see it bulding momentum. Having said that hopeandprayer I have to disagree with your statements about unique monthly users and INT as that is not exactly what they have, monthly unique users are measured in a calendar month and not just one month it's a measure that carries over month over month, it's the users that stay on and repeatedly use the service, some come some go and then some come back again combined with brand new users. It is fluid and flows in and out as it also grows if there is growth to measure. Ortsbo is combining the regular unique users that come and go from using Ortsbo's services and combining those with users that have attended high profile events, so in a way it is kind of differfent format from what other companies are reporting for unique monthly user stats that don't have big events that draw like that. It's what they are building and how it does measure and they are doing an incredilbly good job of it IMO.

 

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Disclaimer: A lot of what I have written is not only forward looking but of my possibly biased opinion, as always due diligence your self and act accordingly, stocks can and do drop in value. Facts and figures should be confirmed if important to you.

 

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