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Pastimes : SUPER BOWL XXXIII

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To: Master Trader who wrote (48)1/26/1999 10:08:00 PM
From: Bill on the Hill   of 72
 
Progressive Insurance is hosting the half time of the Super Bowl. They are also trying to set up their sales of insurance over the internet as much as possible. I switched all of my autos and trucks over to Progressive last month when I found they beat all competitors by about 8 - 12% and their customer service was par excellence.

I called and was quoted a price. When I received the policy in the mail it was another 3% cheaper than quoted and it was because of my carrying a higher deductible for the last 5 years on my previous policy.

I was pleased and have moved all of my business to them.

Now for the coup'de-grace (sp)

Their earnings for the quarter was under what the street expected and their stock fell today by ***** $30 ***** !!!!!!

This is not a company that is going away!!! They are consistently one of the big winners of the street and very stable. This is in my opinion a great opportunity to buy at a very good price. Take a look at this article.

biz.yahoo.com

I am glad you asked the question I had no idea this had happened and will take advantage of this. It looks like a long term hold. One for the IRA.
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