Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (26848)	2/2/2005 7:02:30 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

Looking over PHM report. They cleared about $71,000 per unit settled upon this quarter. Before corporate expenses. 24% profit in the selling price. They are carrying about $7.4 Billion of inventory. Looks to me to be almost 10 months worth of sales at cost. Assuming current demand. When demand dries up these things are going to bust big. When..........