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To: Paul Senior who wrote (34962)8/2/2009 8:13:35 AM
From: Madharry1 Recommendation  Respond to of 78735
 
law.freeadvice.com

see above. there might be a reason for the low projected pe. My guess is that there are countless claims and lawsuits against allsate over damages from hurricanes in fla and la. I wonder what the accuracy of profit forcasts for allstate have been in the past.



To: Paul Senior who wrote (34962)8/2/2009 11:39:27 AM
From: Arthur Radley  Read Replies (1) | Respond to of 78735
 
Investing in an insurance company with hurricane season facing you and the fact that here in Texas.....one year later the various laws firms are running 24-7 ads for new clients as the result of last years Hurricane Ike (these lawyers aren't wasting their money on expensive TV ads if they didn't know that the potential and growing client list is madder than hell that one year later the likes of Allstate, Farmers , and State Farm are still holding up claim payments. If you see one hurricane form in the Atlantic heading for the mainland...........watch out below for the price of Allstate stock....(IMO)