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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Gary105 who wrote (3294)9/27/1998 12:49:00 AM
From: Mr. Pink   of 18998
 
io strips lose money due to refinancing in low interest rate environment. Also in higher unemployment environment, default rates go up. Certainly, the world has changed since June and the ios will have to be revalued.

Mr. Pink
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