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To: DebtBomb who wrote (78901)10/19/2002 6:35:00 PM
From: greenehugh  Respond to of 208838
 
"Housing starts and housing sales are two different things." The nomenclature is: Sales(orders)less cancellations = permits. Starts less cancellations = closings = booked revenue. Note that RYL's orders were just reported up 30%. Their next quarter is in the bag.