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To: Jurgis Bekepuris who wrote (38546)7/18/2010 5:56:37 AM
From: blankmind  Respond to of 78594
 
Jurgis, excellent research. I'd be careful w/ BP. I think Exxon & other oil companies are better values. BP is around $36 vs. high of $80ish. Exxon is $60 vs high of around $100. BP could go bankrupt or at least skip a lot of dividend pymts. BP already skipped the last dividend payment. BP is being strongarmed by the pseudo-thugs running our White House. The Democrats are anti-business in general; and really have it out for big business & big oil in particular. BP is just the perfect target. It appears the $20 bill fund that BP put up is just a starting point. There's no cap. The Democrats are trying to spend that $20 bill as fast as possible so they can ask for more. Great way to get a lot of votes next election. Between the monies MSFT forked over; then the $500 mill Goldman Sachs just gave to the SEC; etc... companies don't have to break any laws to pay a lot of money in fines.