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Abbott Laboratories Message Board

  • hsoftail98 hsoftail98 Jul 26, 2004 12:39 PM Flag

    Flirting With 52 Week Low

    We're now flirting with the 52 week low. Anybody have any clues as to why ABT keeps going down?

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    • The US needs jobs!
      I will look at it, but I think I have enough exposure in that segment. I have been in LU for almost 2 years, and CSCO is a core holding.

      I should have bought it in the fall of �02 instead of LU!

      Right now, I am sitting on my cash until things turn around.

    • Dawg-Check NT looks oversold....Canada needs jobs should recover to $5+ by EOY

    • Like ABT, KO has been in a range for the past 5~6 years. You could say they are both suffering from the same illness � lack of leadership. It does pay a dividend like ABT.

      In the 90�s friends told me they were both dead money....said I should jump into tech. I chose to stay with the dead money and the dividend. Had I not, I could have very well ended up with no money.

      I have increased my holdings of each by moving in and out over the years.

      Unfortunately, I don�t think KO has hit bottom yet.

      The election is part of the problem for ABT. The problem with KO is less than expected sales growth, and that goes back to management.

      I wish I could roll the clock back to the end of April so I could "sell in May and go away."

40.35-0.39(-0.96%)1:13 PMEDT