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


To: Paul Senior who wrote (21013)4/1/2005 10:46:02 PM
From: Spekulatius  Read Replies (1) | Respond to of 78662
 
re AIG - i just became owner of a starter position in AIG today at 52$ as my limit order got filled. Does not look too good today after more and more revelations appear every day. my guess is that AIG still is a sound company overall but not as good as it looked like for a long time. I am somewhat encouraged by the recent housecleaning but i am afraid about the skeletons in the basement that may get unearthed on the way. The risk/reward ratio does not look that great near term to me so i may choose quickly to depart from my few shares if i can't take the bad news any more.

I also bought more shares of C now - i like the current valuation, dividend yield, the international scope, and the franchise and the lesser dependency on mortgage buiz (Compared to many peers like BAC)



To: Paul Senior who wrote (21013)4/2/2005 10:49:27 AM
From: Suma  Read Replies (2) | Respond to of 78662
 
If you feel the way you do about AIG Paul how do you feel about C and BAC..

ML