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No. of Recommendations: 4
There is an article by Steven Vames in the quarterly stock market
review section of today's Wall Street,titled “Credit Quality, Stock
Investing Appear to Go Hand in Hand.” It supports comments we have made
here about credit ratings being an indicator of the safety of the
common dividend.

The gist of the article is that, before buying the stock, one should
understand the influence a company's credit structure could have on its
prospective performance. For example, Bill Gross's concerns about GE's
financing techniques were followed by a drop in GE's stock price. The
lead-in to the article is “It is getting harder and harder for stock
and bond investors to ignore each other.”  WSJ online subscribers can
read the entire article at:,,SB1017597739909445280,00.html?mod=special%5Fpage%5Fhs%5Fquarterly%5Fstock%5Fmarket%5Freview%5F1
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