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Strategies & Market Trends : Value Investing
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To: a128 who wrote (26356)3/19/2007 11:26:59 PM
From: Marc Hyman  Read Replies (1) of 78741
 
In the included article there's this:

Ackor notes that subprime mortgages made up less than 2% of American Home's business last year.

Fine and dandy. Now, pray tell, what part of their profits come from subprime mortgages? I'd guess more than 2%, but don't have a clue as to how much more. Any guesses?

I almost bought at $21 (and wish I did), but am not sure about buying at $25.

// marc
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