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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (87357)8/28/2007 8:38:04 AM
From: Giordano BrunoRead Replies (2) of 306849
 
Tobacco has been the drag on NAV lately as airlines were in 2003. With 8.6 billion in assets there is undoubtedly some trash in there - nearly 30% is unrated but they are by far the biggest players and under very good management.

oppenheimerfunds.com
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