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Strategies & Market Trends : Aetna ( aet)
AET 212.70+0.3%Nov 28 4:00 PM EST

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To: jack bittner who wrote (104)5/16/2000 9:17:00 AM
From: Logain Ablar  Read Replies (2) of 110
 
Jack:

At the time of the post the stock was around 52 - 54. The same level you could have purchased it for last week (or $2 more). The stock is going up now with the whole healthcare sector.

It appears Congress is not moving forward with the provisions on suing the HMO (this can still change). That uncertainity will haunt the industry later in the year if it becomes a campaign issue. Plus analysts are now talking up the sector.

I guess if you really want to be critical compare it to an investment in Cigna or United. At the time I didn't know the risk. In hind sight we can say it was $39 with a reward of ??.

As for selling an investment in the mid 40's. What would have happened if they had another piece of bad news. I'm glad for the shareholders and employees that it did bottom and is moving up.

From my perspective sometimes its better to move on to another stock. I would not stay in this sector to long, whats in favor today can fall out of favor tomorrow and Aetna's US Healthcare operations is still a lighting rod. That won't change over night.

Tim
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