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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (17930)10/24/2003 6:20:53 PM
From: RockyBalboa  Read Replies (1) of 18998
 
Yes, true, the street disliked the hvb spinoff HRX and many institutions which held hvb (mostly insurances) quickly dumped the hrx stub at a negotiated price of around E10 which was quite a bit below the market. The heavily leveraged HRX can be an interesting play for those who bet on a significant apprechiation of German (European) real estate prices.
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