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To: Brooks Jackson who wrote (8286)	10/23/1998 5:19:00 PM
From: TLindt	Respond to of 8545

Figures....Just ahead of banks for greed and stupidity are the insurance carriers.

To: Brooks Jackson who wrote (8286)	10/23/1998 6:18:00 PM
From: Charlie Smith	Respond to of 8545

Brooks: Great find. Astute investors (Buffet, Lindner, Lerner, etc.) know that owning an insurance franchise can be a great wealth building vehicle because of float. But not if your investments are run by a committee of idiots who are constrained by an even more idiotic set of policies. Contrast this with what Gintel is doing. He won't always be right, but at least Bob is not set up to fail like the bozos at Nationwide. Charlie

To: Brooks Jackson who wrote (8286)	10/24/1998 4:23:00 PM
From: Ron S	Respond to of 8545

Couldn't resist paraphrasing the jingle: "Nationwide is on our side." This Columbus, Ohio based org. probably knows Pete Kight well as he was brought up there. It's interesting that their initial faith in him failed at the most important moment. Guess most of us on the thread can congratulate ourselves as smarter than the knowledgeable institutional investor with supposed local insight, too; seems we mostly either stuck with this potential winner or better yet, added to or averaged down (Nationwide would have been better advised to do just that). Well, no guts, no glory.