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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (2125)3/25/1998 11:45:00 AM
From: Cary C  Read Replies (3) of 29382
 
>> I can't find any reason for the price being this low and I'll just wait for the market to correct or for a reason to unfold. <<

Sergio, remember the analyst from Prudential that upgraded Kaufman Broad homes the first part of March? Well he downgraded today.

LOL... This after they reported .02 above estimates and the following news that came over one of the news wires this morning,

10:12 CORRECTION: US EXISTING HOME SALES UP 8.7%.
10:11 US EXISTING HOME SALES UP 7.8%.
10:11 SUPPLY OF HOMES 2.31 MLN.
10:10 HOME SALES UP IN EVERY REGION.
10:09 US EXISTING HOME SALES RECORD 4.75 MLN.

This guy ranks right up there with the oil analyst.

The above should be great news for DHI!!!

Cary
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