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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Cary Chubin who wrote (8691)	10/20/1999 1:16:00 AM
From: jeffbas	Respond to of 78659

Good info on VUL, Cary. Considering the age and likely (very low) cost basis of the owner, and my view that the stock is a superior proxy for the S&P over the longer term, I see no reason whatever for Gettler to do anything but maintain the status quo and let his heirs benefit from a stepped up cost basis when he dies. If I am right, then a buyer should be happy with that outlook before he steps up to the plate (using baseball lingo after watching 2 super exciting Mets-Braves ball games - one a pitcher's game and one a hitter's game).