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

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To: RockyBalboa who wrote (14711)1/7/2001 12:48:07 AM
From: Mr. Pink  Read Replies (3) of 18998
 
Some fools mistakenly believe that the subprimes will benefit from lower rates. HOwever, the recession will cause defaults to go up more than the benefit from a lower cost of capital.

Mr. P$nk
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