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To: James Clarke who wrote (8701)10/21/1999 12:42:00 AM
From: jeffbas  Respond to of 78659
 
I remember some perfectly good companies going bankrupt over asbestos,
like Eagle Picher, which I owned for a while in pre-asbestos days, and sold as soon as I concluded that the low valuation was for a reason
that would become significant -- huge, growing, unquantifiable, and unfunded asbestos liabilities.

What do you make of the huge EBSC trade? I take it as a private holder probably selling to the company, and don't particularly like the view expressed by the seller as to the recovery potential. However, if the company bought it, that is a nice reduction in the O/S shares in one fell swoop.



To: James Clarke who wrote (8701)10/21/1999 10:49:00 AM
From: Madharry  Read Replies (2) | Respond to of 78659
 
Jim, Cigarette smoking is a quantifiable risk. It is guraranteed to take years of your life and damage your health. For your sake and that of your young child I urge you to consider some healthier addiction.



To: James Clarke who wrote (8701)10/21/1999 7:21:00 PM
From: Madharry  Respond to of 78659
 
and speaking of value stocks that keep getting cheaper, has someone been smoking in the USU plant or are they being sued because uranium's risks have not been clearly disclosed?