Q: Your sudden sell recommendation on abt totally shocked me.
Your thesis has always has been to invest over the longer term.
This stock was your favorite not to long ago and now all of a sudden management is lousy and you have no confidence in abt anymore.
Other people you tell to wait a couple more months ,see if things turn around.
My question,did you ever talk to management?did you visit their offices?
You mention it as a take over candidate....which companies could take this over?
Are their growth prospects taken longer then expected,or is it not expected at all?
Is the dididend safe?
Your thesis has always has been to invest over the longer term.
This stock was your favorite not to long ago and now all of a sudden management is lousy and you have no confidence in abt anymore.
Other people you tell to wait a couple more months ,see if things turn around.
My question,did you ever talk to management?did you visit their offices?
You mention it as a take over candidate....which companies could take this over?
Are their growth prospects taken longer then expected,or is it not expected at all?
Is the dididend safe?