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Cramer thinks the IPO was handled well. PRI has no debt. My question is will heads of households be willing to purchase PRI's products? Even so, PRI's 10,000 agents are individual contractors so employee salaries are handled through premiums. Policies in force equals recurring revenue.
http://articles.moneycentral.msn.com/Investing/stock-ticker-video.aspx?ticker=pri&vid=efdcfc57-94b6-4bd9-a960-769d9aa9ecc2