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To: Lucretius who wrote (268600)11/24/2003 3:32:41 PM
From: MythMan  Read Replies (2) | Respond to of 436258
 
RealCommentary from TheStreet.com
Move in Homebuilders Is Just a Prelude
Monday November 24, 3:24 pm ET

By James J. Cramer,

You've got to be in awe of the homebuilders. Here go Lennar (NYSE:LEN - News), Hovnanian (NYSE:HOV - News), Centex (NYSE:CTX - News) and Toll Brothers (NYSE:TOL - News), just bursting out.

I think this move may be a prelude to the re-multiplization of the housing stocks that I have been predicting this year. These stocks won't stop at nine or 10 times earnings; I think they will go to 12 to 15, which puts them much higher.