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


To: James Clarke who wrote (10194)3/19/2000 3:13:00 PM
From: blankmind  Read Replies (1) | Respond to of 78521
 
- I haven't compared Allstate to the others, but I know first hand of people that use Allstate & refuse to swtich.

- Not sure if I posted this or not, but look at the buyback going on at Allstate; and please let me know if any other insurers are on track to buy all their stock back in 7 years:

12/31/95: 996 mill shs o/s
12/31/96: 884 mill shs o/s
12/31/97: 850 mill shs o/s
12/31/98: 818 mill shs o/s
12/31/99: around 790 mill shs o/s

- look for the number to really come down this year as the $2 bill buyback; combined with a $20 stock price are going on