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In consulting with the "intelligent investor" and the criteria at the stock screen, it seems they use all the criteria of the defensive investor except 2. Namely, the inclusion of dividends-where the company pays dividends continuously for 20 years and the other being earnings stability-where there are some earnings for the past 10 years. Not glaring omissions because they dpo follow most of the criteria but omissions nonetheless.

Just thought you all might want to know.

Vince
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