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To: yard_man who wrote (12859)10/5/2004 9:57:08 AM
From: ild  Read Replies (1) | Respond to of 116555
 
Have you forgotten that put holders are no supposed to make money? Ever. Puts for hedging.
I see you don't believe respectable ANALyst that the problems are Pulte specific and LV specific.

BTW my SPF shorts and puts are in green now. Still underwater on KBH.



To: yard_man who wrote (12859)10/5/2004 2:53:38 PM
From: ild  Read Replies (1) | Respond to of 116555
 
From JPM research 09/30/2004:

we are raising our 2005 EPS estimate on Pulte from $9.30 to $9.60 and adding PHM, as our Top Pick in the homebuilding group, to the Focus List and setting a $77 September 2005 price target.


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