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Non-Tech : Dow Chemical Co.
DOW 23.22-2.6%9:30 AM EST

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To: Travis_Bickle who wrote (2)8/22/2006 9:45:44 AM
From: Robert T. Quasius  Read Replies (1) of 13
 
I'm down 22% on DOW, but holding fast and thinking of adding to my position. My reasoning:
1. Stock has been beaten down largely due to high energy and feedstock prices. Oil and gas won't stay at high levels forever, and when they do drop this sector will rebound.
2. Company is financially very stable and well managed. Cash flow is strong and there is no risk to the dividend.
3. The current 4.00% dividend is excellent for a large cap stock. I continue to buy stock through dividend reinvestment.
4. The Street is not interested in this sector at present. Small investors like myself do not have to show month-to-months stock gains like Wall Street. I am content to hold my position long term and accumulate through dividend reinvestment, and possibly buy more as well.
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