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Strategies & Market Trends : Classic TA Workplace

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To: patron_anejo_por_favor who wrote (47555)7/25/2002 4:16:31 PM
From: reaper  Read Replies (1) of 209892
 
<<That's HUGE>>

naw, completely irrelevant. who cares if a banking company has a higher cost of capital? we don't care debt, remember -- its a new economy. <g>

btw, stay w/ COF. i covered on the break (at $38) and re-entered (at $33) after studying the financials more closely and tracking their spreads for a couple of days. their cost of funds is going UP and their return on funds looks like it is heading down. getting squeezed on both sides.

Cheers
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