Ginny,

OB,
Compaq followed by Texaco
Are you going to keep your stock in Texaco and end up in the Chevron drip?


Yes, my plan at the moment is to just let it sit for 10-15 years and possibly add a little in amounts large enough to reduce the effect of the new fees.

I believe size matters and the new Chevron is certainly going to be bigger which makes me think of the discussion about diversification and whoever said something about holding the 5 biggest Cos. in each sector:

There was arecent study of the Canadian market that showed holding the 2 largest Co.s in each sector produced far superior returns than holding only the largest in each sector.

I'm not sure 5 would work in Canada as I think some of our sectors only have 4 Co.s in them.

OB