Ann: Results of 2018 Annual Meeting of Stockholders, page-11

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    That is true, but it a function of the quality of the management.

    The situation AXP finds itself in right now diabolical. The problem with having an insto dominated register is once the instos have disowned you then don't have any retailer support to hold up the SP.

    Having said this the SP is getting very, very cheap.
 
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