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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (27538)8/1/2007 11:50:55 AM
From: E_K_S  Read Replies (5) of 78702
 
Hi Paul - The money center banks and S&L's are getting hit again. WM is back in my buying target zone. I believe the yield is over 5.8% now. The stock went xdividend July 27th. I am going to hold off for a few days to see if there are any more surprises but plan to add something in this group to the portfolio.

RAS is now down over 20% and they have their earnings conference call after the close. It appears that the market is over reacting and hitting the group as a whole rather than to their specific exposure to their sub-prime debt.

Can you share a few names in this group from your research that have no or little exposure to sub-prime paper and has been beaten down with the overall group?

EKS
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