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

To: Spekulatius who wrote (41214)	1/27/2011 10:40:08 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78751

ABT. Yes. My order placed last night for a few shares @$46.65 was filled this a.m. My intent is to build a position if/as stock continues to fall on no adverse news. Began my first go-'round this cycle in Nov at low $47's.

To: Spekulatius who wrote (41214)	1/27/2011 11:10:05 AM
From: E_K_S	Read Replies (1) \| Respond to of 78751

Hi Spekulatius - I was thinking about selling my Covidien plc. (NYSE: COV ) and buying Abbott Laboratories Common Stock (NYSE: ABT ) with the proceeds. The PE differential still favors holding COV a bit longer. I was waiting for $50.00/share. finance.yahoo.com I think I prefer the equipment side of the business and COV is more of a pure play here. However, ABT does pay a higher dividend and is out of favor especially w/ their recent warning on forward earnings. It's getting cheap enough that I should probably sell at least half of my COV and move the proceeds into an equivalent amount of ABT shares. Have you bought any? Are you looking at any other devise makers? JNJ only looks interesting to me in the low $50's. EKS FWIW, Converted my MOT shares into MMI from MSI yesterday. Woops... wrong call by me. MMI down 9% on disappointing earnings. Maybe I need to double down. I was afraid of the potential law suit filed by Huawei, the Chinese telecoms equipment maker on MSI. finance.yahoo.com