I am still occasionally asked at our shareholder meetings -- usually by shareholders over 70 years of age -- when we will list on the New York Stock Exchange. I always enjoy answering this question, because the advantages to our shareholders of our NASDAQ listing are many and substantial. Safeco Corp. has 37 million shares outstanding, with a market value in excess of $1 billion, and is actively traded. We think we are already on the "exchange of the future" -- so why change?
Sep 1, 1984