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To: Hank Stamper who wrote (12321)3/8/2000 12:24:00 AM
From: sea_biscuit  Respond to of 15132
 
David,

I bought it at this point looking at the 2.2% yield. I figured that in 20 years, if it can be generate a return of 30% or so of my original investment year after year, it's a pretty good deal. I have no way of knowing whether it will go down further. If I survive the bear market, I will buy some more of it as we head towards the bottom. Plus, a few other stocks like JNJ, MRK, KO, DIS and G, all of which I am sure will be around even during my great grandchildren's time...