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Non-Tech : FNM Fannie Mae _
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To: Jerry Angelichio who wrote ()12/12/1997 4:57:00 PM
From: Ken   of 8
 
Just look at their earnings history over the last several years. Solid, dependable, 15%+ grower. Not as susceptible to interest rate moves as the market thinks! Take advantage of dips but beware of market reactions in rising rate environments -- In 1994, rates rose all year and the stock declined even though earnings continued to grow quarter over quarter during the entire period (and continue to do so)
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