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Abbott Laboratories Message Board

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  • snugly60031 snugly60031 Nov 25, 2003 10:45 PM Flag

    Who Pays?

    401K has always been 100% ABT stock. I was with Abbott many years, and have a low cost basis on my shares. Outside trading accounts have done well this year; currently have large cash position mostly from selling techs into rally, but not redeploying cash. Also sold ELN during June. Holding large share position in LSI, AWE, and T. Pharmas currently held are BMY and SGP. Also holding PKI, although I sold half several weeks ago. Have smaller positions in several other stocks. I'm still buying when I see value and feel stock has been overly sold. Recently added more AWE, also bought BCGI. Good Luck,

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    • Snugly

      ABT is down 15% over 5 years and with monthly contributions computed, the loss is closer to 20%. Beware the next CPI announcement, the misery index will get a jolt fer sherr. It is when nobody pays attention that inflation creeps up, I see too much euphoria following the 8.2% GDP growth number.

      Buonanotte! Kiki

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