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Pastimes : A Rate Cut...Would It Help?
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To: yard_man who wrote (9)9/25/1998 6:22:00 PM
From: Les H  Read Replies (1) of 14
 
I stand corrected. Fannie Mae (FNM) and Freddie Mac (FRE) are two mortgage lending stocks that may go to new highs next week. The other stocks are not well. You can find a lot of homebuilders, such as PHM, TOL, LEN, etc. that are trading with P/E's around 10 or below.
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