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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (3024)8/25/1999 8:47:00 PM
From: RockyBalboa  Read Replies (1) of 19428
 
Its Providian time. Would you support a valuation of PVN at $85 to $90? Btw, also PVN downgraded to "buy", by Piper. The Q2 interest income, after loan losses is way down and shows the deteriorating quality of its portfolio. The rate hike should have some influence on its loan production (putting pressure on its provision income).

Although much of the money has been made on PVN, I would say it is a low volatility low beta short. But quite a safe one (Like STT, which is down only $4 since mentioned).

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