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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (37701)11/29/1998 9:37:00 AM
From: KENNETH R SANDERS  Read Replies (2) | Respond to of 132070
 
MB, Old Republic. Damn, you are good! You "hit several nails on the head".
1. Mortgage Insurance. Another "bird" has indicated this area is under pressure.
2. Investment Income. Another bullseye(although I have never understood why more weight is not given to this area with insurors, especially with Insurors like ACE & XL).
3. Underwriting Profit. I never count on it ( here today- gone tomorrow due to competition or disasters)
My itchy finger tells me to take my 12% paper return ( in one month) and leave, but my greedy gut tells me their is not much downside risk in the very near future so I will hang in there for another point or two or three<G>.I appreciate your response and was surprised you didn't list more negative areas, but maybe you are just being nice to an old man. NAWH!<G>