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


To: James Clarke who wrote (6026)2/11/1999 8:52:00 PM
From: Shane M  Read Replies (1) | Respond to of 78507
 
If there was such a sudden change in the death rate, why aren't life insurance companies blowing out their quarters?

Jim,

Life Insurance premiums are coming down rapidly in response to lower mortality rate. If you currently have a policy you may see if you can get a newer one at a lower premium. quotesmith.com can probably give you a good cross-section.

Shane



To: James Clarke who wrote (6026)2/16/1999 12:15:00 AM
From: Bob Rudd  Respond to of 78507
 
Jim: Service Corp - Their funeral? Thanks for extensive feedback. My attraction is to entire industry..not merely Service, they've all been beaten down. I'm gonna hide and watch for awhile...see how it plays out. Sometimes accounting issue can cause enough of an overreaction to provide a real bargain..I picked up a double on Cendant [But not before being cut in half on the first traunch].
Thanks again,
Bob



To: James Clarke who wrote (6026)2/17/1999 3:43:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 78507
 
My funeral: Bought LWN today @ 1 15/16 Despite cloud over industry due to sagging deathrates, numerous lawsuits and S&P credit downgrade. Gabelli has 5% of it and he probably paid twice what I just did, so I'll be in good company if it goes broke. Not a large position..expect to buy more at lower levels. If death is repealed, as share prices in this group are implying, I'm screwed.