CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Sam Raven who wrote (6124)	12/14/2001 1:44:47 AM
From: Bruce Brown	Read Replies (2) of 6445

Sam, on the fundamental side, TOL beat earnings expectations and said backlog looks good for the first three quarters of 2002. They don't yet know about Q4 of next year, as those contracts are currently being signed this quarter for building to begin in one year. TOL specializes in building homes of $500K. Regardless, the group has been moving well (home builders) and many feel they are traditional leaders out of recession as mortgage rates tempt those to lock in and build. Keep an eye on the mortgage rates as they have hit a new 5 month high this week and as we know in the stock market - nothing lasts forever. BB

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