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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (30658)4/14/2008 4:37:05 PM
From: Madharry  Read Replies (1) of 78659
 
AZecf has held up so far but its primary asset is its holding of wynn which is just not acting very well. I think there are potentially better uses of my money right now. cfc was selling at something like a 24% discount to the BAC deal. Assuming BAC share price stabilizes here and the deal goes through. MCGC and CCRT both got hammered today. forced selling by hedge funds? I didnt think the wachovia news was good but no surprise to me that people with good fico scores are walking away from their overpriced homes. I guess investment bankers and analysts are shocked that consumers are making business decisions.
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