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Non-Tech : KBH: Kaufman & Broad Home Corp
KBH 56.39-1.0%Dec 31 3:59 PM EST

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From: flint5/16/2001 8:18:58 PM
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The housing sector has been going through a boom for the last 6 months. Despite mortgages rates rising, despite lower consumer confidence, and despite earning declines in other major sectors.

Now the earnings are starting to firm in the tech sector. With their earnings firming up the bond market should firm up finally. Mortgage rates should start dropping again in a few months. At the same time consumer confidence should improve.

The momentum of the existing boom will be followed by a housing explosion
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