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Yes, some analylist at a big investment firm said that MMM is now overpriced relative to its competitors. They rate it at underperform. I'm in it for the long term but as one economist said, "In the long term we're all dead."
I believe it was BAC analyst that poo-poo'd MMM.It was really the concern that duck tape sale would plummet from the AMR order of the new jets.BAC ? American Airlines ? Boeing ? They've all crash landed a few times.MMM - mmmm good.