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To: RocketMan who wrote (107016)6/6/2001 6:40:36 PM
From: pater tenebrarum  Respond to of 436258
 
yep...by now its very survival is in question.



To: RocketMan who wrote (107016)6/6/2001 10:31:33 PM
From: LLCF  Respond to of 436258
 
<Not only that, but LU was considered an LTBH kind of stock by most investors. I read recently that only 1/3 of S&P 500 companies make it in the long run, long run being 10-20 years, the rest fall off and are replaced. >

But "stocks for the long run" touters assume all the old ladies get out of the losers the day they fall out of the S&P... so don't worry about that. They also forget that most money managers underperform their benchmark... ho ho ho -ggg-

DAK