Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

PFG

17.48

Principal Financial Group Inc. (PFG)

Jim:   PFG is in Des Moines.  Here's the problem with PFG...  I'm not even going to use my analysis, because it is a sensitive topic, okay.  It's sensitive, because it's people's money... it's people's annuities...  But there was a Goldman Sachs report that came out yesterday, and it said that it's favorite idea...  it's very good insurance guy...  said that it's favorite idea is to sell PFG, because he says that they're going to have to raise capital... they're going to have to do an equity offering.  Now the company came out today and said, listen, Moody's the ratings agency says we're fine.  But the ratings agencies are now discredited, so I'm going with Goldman's analysis which says they're going to have to do a big equity offering, which means I think the stock goes lower.  So that's the problem, they need capital.

AUY

4.05

Yamana Gold Inc. (AUY)

Jim:   First of all, I think there's a place for gold in absolutely every portfolio, because, if you have 10 stocks, I think you want to own one as gold, because I do believe inflation will be a problem.  Near-term inflation is so not a problem...  We're in a deflationary environment, which is one of the reasons why that stock fell from $16 to $4.  Peter Marrone (CEO) missed the quarter badly.  I want to see the end of tax-loss selling, before I'll even think of buying AUY.

MTW

7.48

Manitowoc Co. Inc. (MTW)

Jim:     Oh, you know, I think they really blew up with that acquisition which, by the way, now cost them the whole price of the market cap... for the crane company...   I think there are a lot of used cranes that are going to pull down the value of new cranes.  The company probably doesn't agree with that.  But I think the company is probably a sell, even down here.  I hate to say that, but it's a great company.