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Strategies & Market Trends : Waiting for the big Kahuna

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To: Qualified Opinion who wrote (76336)8/3/2007 8:19:30 PM
From: saveslivesbyday  Read Replies (1) of 94695
 
The banks and brokerages will have to write down the debt come earnings. And all the royalties on deals that won't happen? - poof, gone. And those "mark to markets" ...... yet no earnings estimates have been lowered yet.

Apparently no analyst wants to be the first to take the leap.
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