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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Chris J. Horne who wrote (12376)	3/10/2000 8:01:00 AM
From: orkrious	Respond to of 15132

Point is I have no favorite bank stocks. With rates rising, doesnt seem timely to me. Financials are all I am buying now, although they are only up to 5% of my portfolio. If you wait until rates have bottomed, it's too late. I will buy more as techs go higher and I keep selling a little. So far, JPM has the highest PE I've bought, 10. ONE yield's almost 7% and they're profitable, so the dividend is safe. Their PE is 10, their forward PE is 8. UNM, the premier disability insurance company in the country, sells for 2/3 of book (an insurance company's book is mostly securities) and is the same price as it was in 1991. Jay