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Strategies & Market Trends : Guidance and Visibility

AAPL 269.46

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3:59 PM EST

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To: bumblin bob who wrote (177048)	8/17/2008 3:56:27 PM
From: Hawkmoon	Read Replies (1) of 208838

Thanks!! Now I just have to figure out where it's going next.. I think it will be a good company, given it's book value and extra reserves. I sold 2/3rds on Friday just to avoid event risk and give me cash to buy back on a tradeable support level. But if mortgage deliquencies rise (which is quite possible) they will suffer a setback and probably a buying opportunity. RDN seems like they have been extremely conservative in their insurance writing. And $30/share book value is quite attractive for a perspective acquirer who feels comfortable enough to accept any risk in their MI writing. bloomberg.com Hawk

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