Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Gary105 who wrote (3294)	9/26/1998 10:18:00 PM
From: chester lee	Read Replies (1) of 18998

<< also shouldnt the pending drop in interest rates work in their favor in securitizing their loan portfolio (lend at high interest rate, borrow at low one)??>> NO! People with high rates tend to refinance when rates ae lower, as they are expected to be if Mr Greenspan comes through. chester

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