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Successful Investing and Stock Rules for Buyers
Readers recall a set of buying rules avoiding telephone tips and unknown strangers. The letter notes over the counter trading with sub-dollar quotes and a company shifting from its original product line toward oil and gas, with approximately 100 dollars salvage value. A stockholder seeks current information from the New York company at 7 East 48th Street and asks whether to hold Lockheed amid government dependency and losses from civil programs and delays in the Airbus L 1011 and C 5A costs, predicting near term price gains but recommending patience for potential long term gains.
MENTIONED IN THIS ARTICLE
E. 48Th St
New York City
Lockheed