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Non-Tech : HMN -- A poor man's GEICO?
HMN 46.16-0.6%Dec 31 3:59 PM EST

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To: Duker who wrote (62)1/24/2000 6:41:00 AM
From: Duker  Read Replies (1) of 72
 
Complete Indifference Equilibrium:

I guess at $20 this is the 'complete indifference equilibrium.'

I hope management is a touch more proactive on the share repurchase front. This stock is incredibly cheap and I will continue to be patient.

Tangent: I got a kick out of the NYT article on consolidation in the insurance business. I can see how you do not mention HMN a 'bait' ... but, to not mention BRK as a 'shark' borders on ridiculous.

--Duker
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