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Strategies & Market Trends : Annaly Mortgage Management (NLY)
NLY 21.17+2.1%Oct 31 9:30 AM EST

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To: CygnusX3 who wrote (8)6/12/1998 8:27:00 PM
From: Labrador   of 75
 
NLY may have disappointing earnings; accelerating prepayments on the ARMs, and a flat yield curve will hurt them. but now it is trading under book value
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