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

To: E_K_S who wrote (35731)	10/20/2009 10:46:48 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78708

SVU. EKS, thanks for the update and opinion. This dividend-achiever company has now ended its long history of increasing dividends. It seems to be another company wounded by the recession and maybe some overexpansion and over indebtedness. One of my reasons for holding the stock and waiting for improvement in the business and stock price, was its dividend. That reason's not so attractive now with the dividend reduction. For me, I'm going to assume there's now more attractive places to park my funds, and with the stock up today, I'll take it as an opportunity to exit the position.