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CNA Financial Corporation Message Board

  • charles40 charles40 Aug 2, 2001 7:38 PM Flag

    the kiss of death

    asbestos-----anyone--repeat anyone that
    owns this stock--better listen and
    listen up good---the word asbestos is
    just like the kiss of death to a stock
    ---the street already has about 6 high
    profile names--cck, gra, ack, and others
    look at the charts----there is no relief
    there is no recovery----the grasp of
    death now being inflicted by the lawyers
    is just now going past the comanies to
    the insurers-----the news will not improve
    judgements have and will continue to be
    huge.-----and why and how do i know these
    things---because i was invested in some
    of the above names----and i am here to tell
    you-----it can be and probably will be
    devistating----and they drop in huge chunks
    as big institutions drop out of the stocks
    so take it and value it at the same price
    you paid for this opinion.---no one repeat
    no one-----will be buying these insurance
    stocks with any asbestos liability--they
    will move over to life insurance stocks
    believe me-----it only gets worse---looks
    at some of the symbols above----
    good luck all

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35.11-0.21(-0.59%)Oct 26 4:02 PMEDT