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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (28756)	1/29/2002 10:53:51 PM
From: Challo Jeregy	Read Replies (2) \| Respond to of 52237

Look at the BAC chart. It had three black crows rolled into one today. And, er, what does this foretell of construction cos? Bank Of America Cancels Lines Of Credit For Contractors Bank of America canceled unsecured lines of credit for some of its commercial contractor clients, according to Julie Westermann, media spokesperson for the Charlotte, N.C.-based bank. "In light of falling economic conditions, we made a strategic decision to both reduce and limit our credit exposure to commercial contractors," she said. "Our experience tells us that, during periods of economic slowing, our portfolio of commercial contractor loans is very vulnerable to deterioration." pmmag.com