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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (91452)7/10/2001 4:53:58 PM
From: Yogizuna  Read Replies (1) | Respond to of 132070
 
In today's excessively politically correct environment, I just love watching old movies on AMC. The cable company used to charge us an extra 50 cents per month to watch it, and it was worth more than ten times that much, but now they include it in the whole package. Watching and taping the old classic movies is one of my sideline hobbies. The Great Divide (1951) with Kirk Douglas, Virginia Mayo and Walter Brennen is one of my favorites. The sheriff from the old Bonanza TV series (Ray <Roy?> Teal) plays the part of Kirk's deputy who turns traitor....



To: Broken_Clock who wrote (91452)7/12/2001 5:25:23 PM
From: Tommaso  Read Replies (2) | Respond to of 132070
 
Question for anyone.

Years ago I bought a straight life insurance policy with a mutual insurance company that is now known as the Principal Group.

They are "demutualizing" which means they are changing from policy-holder ownership to stockholder ownership, offering stock to policy holders and doing an IPO.

They are a huge company, handling more 401K plans than anyone else.

I can take money at the IPO price that is long term capital gains or take stock. It's a good bit, about 25% of the face value of the policy.

Does anyone have any feel for how good insurance stocks are?