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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (69178)	4/12/2004 12:17:24 PM
From: Harvey Allen	Read Replies (2) of 94695

Might be sooner rather than later NovaStar leads NYSE decliners (NFI) By Tomi Kilgore NEW YORK (CBS.MW) -- Shares of NovaStar Financial (NFI) were tumbling $11.53, or 21 percent, to $42.65, and hit a 4 1/2-month low of $40.02 in intraday trading. The stock was the biggest percentage loser on the NYSE. A report in the Wall Street Journal highlighted the risks in the mortgage lender's stock, given that it disclosed in February that none of its branches in Nevada were licensed to do business in that state. The company declined to comment on the article or on the share price movement, but said it was preparing a response that would likely be released Monday. marketwatch.com;

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