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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (12392)12/26/1997 10:46:00 PM
From: Investor2  Respond to of 18056
 
RE: "We did get news out of Ill. that things are not very good at MOT, but the stock is liking the area around $55 +- a point or so. I am in your camp that the stock should have gone down further."

MOT is one of the stocks that I put a few dollars into in 1992 and have been dollar-cost-averaging into via the DRIP since then. My investment policy for MOT (and several other stocks into which I've been DRIP investing) is to make optional cash investments during the dips, when more value is evident.

I believe that MOT is a good value at the mid- to upper $40's. Currently, I view it as moderately overvalued.

Best wishes,

I2