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Pastimes : Learning To Invest Correctly - A Shared Experience

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To: Fredman who wrote (118)7/28/1998 1:17:00 AM
From: Druss   of 253
 
Fred--Just a quick answer, it is getting on bedtime.
A beta of .43 is very low. Much lower than average (which is 1.0) I suspect the chart doesn't show much change. That is the type of beta one used to find in solid predictable old guard companies with very predictable assured business and a steady predictable dividend, like utilities and so forth. Now you can't even count on these companies being stable price wise.
All the Best
Druss
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