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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4573)11/2/1999 9:24:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
A new idea...SAFC...STRONG BUY

A lot of sharp people (including Jim Grant) are pounding the table on certain insurers - which along with all the other financials - have been shot down mercilessly.

SAFC is a first-class operation and is trading at a huge discount to book. The last quarter was weak - but it was weak for every other insurance firm. I think the stock is going to take a healthy pop from these levels and like ONE it has a 5%+ yield.