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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: aniela who wrote (48004)	5/5/2003 1:11:31 PM
From: Larry S.	Read Replies (1) of 53068

COF, KRB, and PVN all beat nicely. Sector now in favor. Concerns about loss ratios are out the window. PEs are very low and outlook is positive. what not to like. larry. keep in mind that the credit card biz, provided defaults are low, is very cash flow positive, the large debt US folks have means the earnings keep rolling in for CC companies.

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