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Pastimes : All Clowns Must Be Destroyed
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To: Lucretius who wrote (20763)3/29/2000 12:53:00 PM
From: KyrosL  Read Replies (1) of 42523
 
Why so down on utilities? Their p/e ratios are near all time lows. Their dividend coverage near an all time high. If the market crashes, LT interest rates are going down, and there will be at least a recession, so utilities should be good defensive holdings, IMO.
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