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Strategies & Market Trends : Value Investing

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From: Paul Senior11/20/2006 4:50:21 PM
   of 78704
 
FSF: I'll take a few shares of this municipal bond insurer

I've missed this cycle's current upswing in both MBI and ABK. FSF doesn't seem to be a participant. It's a viable (growing) company, apparently though, and there's a nice dividend. I don't like that FSF feel they must diversify into something called "insuring synthetic asset-backed obligations", whatever those things are.

I'll take shares for some stability (I presume) in one of my conservative portfolios.

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