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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (208510)12/9/2002 3:01:27 PM
From: reaper  Read Replies (4) of 436258
 
12:50PM MBIA Inc responds to research report (MBI) 42.05 -1.78: Co has issued a press release in response to a "research report" issued earlier today by Gotham Partners. According to MBI, the Gotham Partners note "is not independent objective research but rather a negative advocacy piece by a hedge fund that has shorted MBIA stock and has also taken a speculative position in derivatives on MBIA-insured debt." MBI says it stands by the soundness of its book of business and the quality of its underwriting.

the Company would prefer investors reference the excellent research reports penned by the Wall Street analysts who rate the company "Buy" as well as excellent writings on the company by Tom Brown.

Cheers
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