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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (12765)7/13/2001 11:08:00 AM
From: Tommaso  Read Replies (3) of 78516
 
Thanks. I think Principal is a pretty good company so I think I will hold the stock.

Now I am worrying that the very large loan I took (at 5% interest) may have reduced my share in the company, but it's too late to do anything about that. They said the shares were calculated on something like "the value of your policy to the company" ! Getting a cheap loan doesn't help the company a lot.

Incidentally, the example they give suggests an IPO price of $19 and the IPO is to be late 2001 or early 2002. Maybe I should cash in my policy as soon as I get my shares and buy more of the stock.
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