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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?


To: Gary Kao who wrote (4217)7/21/2000 1:26:49 AM
From: michael r potter  Respond to of 4467
 
OT Gary, PPD PrePaid mainly provides coverage so individuals and small businesses can have some protection from onerous legal bills in case action is taken against them [us]. I would think it fairly recession resistant. Also, the tendency for our country to be more litigous rather than less should persist. A lot of people don't realize they could be sued in certain auto accident situations and the insurance company won't cover legal bills of defense. Just one example. I think it also provides coverage depending on what policy is purchased for access to participating lawyers for a certain # of hours per year for more routine legal matters. This all from memory in looking at their annual report some time ago. I'd request a copy of their annual report for a good description of just what they do to help people and make a fair profit doing so. thanks, Mike