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Non-Tech : Pimco Advisors (PA)

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To: dogness who wrote (17)11/8/1997 11:21:00 PM
From: RagTimeBand  Read Replies (1) of 37
 
Dog

As usual, I'm a little late to the party. Got interested in PA because of the Forbes article.
techstocks.com

>>I liked this stock cause I thought it would be defensive in the event of a market meltdown. Looks like it survived the first test of the Hang Seng collapse very well.<<

My question to you or anyone who feels like responding:
Does PA's purchase of Oppenheimer Capital (which according to the article is an equity portfolio) subvert (or at least dilute) PA as a defensive play?

Regards - Emory
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