Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: oldirtybastard who wrote (155312)	3/11/2002 10:40:44 AM
From: patron_anejo_por_favor	of 436258

<<ADVERTISEMENT Merrill Lynch analyst Michael Hughes upgraded MBNA Corp.'s (KRB) near term rating to strong buy from buy, while maintaining its long-term rating at strong buy. He also upgraded Metris Cos . Inc.'s (MXT) ratings to strong buy from buy, for both the near term and long term. He maintained his strong buy ratings on both Capital One Financial Corp. ( COF) and Household International Inc. (HI). "Although the stocks have had impressive bounces after trading poorly early in the year, we still believe that significant upside potential remains," particularly in the next six to 12 months, Hughes said in a research note. He said that this group performed very well in 1996 even as credit losses were still rising. "We believe investors waiting for a loss peak may miss out on significant stock appreciation due to the market's unusual anticipation of cyclical changes," Hughes noted.>> LOL! The "ADVERTISEMENT" line at the beginning of this passage was unintentional, I presume?<VBG> What this numbnut fails to note is that rates were flat in 1996, and J6P wasn't anywhere near as leveraged as he is now...he's not gonna be so lucky this time.

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