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Democritus_of_Abdera

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Democritus_of_Abdera

Re: abreis post# 527

Friday, 08/08/2008 9:12:27 AM

Friday, August 08, 2008 9:12:27 AM

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Abreis...

Sorry to see that you no longer hold IWA. You were the only one I knew, other than myself, interested in this stock.

With respect to banks.. I've been watching their action with interest... but only as a spectator. You might find a bottom, but I fear that there will be some structural changes that will hold them down for some time... And, I expect that when their equilibrium price is found, they will reduce (or adjust) the dividend to be more in line with historical payouts.


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