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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (1692)8/14/1997 11:35:00 PM
From: Ron Bower   of 78821
 
Paul,

The insurance companies are really complicated. HOMS had lots of cash, very little debt, and big borrowing power when the Guvment shut them down due to insufficient reserves. Too much exposure.

Lot a people took a bath, almost me. I now leave them to the Pros.

Ron
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