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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (28004)9/9/2005 8:52:32 AM
From: Dave54  Respond to of 108901
 
As Genter says keep a close eye on their munis. That's all they can do, the munis sure don't have a market now.

I wonder if he gets paid to spout such obvious stuff.

FWIW, Morgan Keegan underwrites approx. 80% of Louisiana munis most of which are insured(if not all). Though no current market, if ya wanted to get out.

<<At the same time, Genter warned that there are some municipal bond investors who should keep a close eye on their municipal bond holdings. In particular, he said, uninsured muni bonds, especially those which are not rated by credit rating agencies like Moody's, are vulnerable because of default risk.>>

Dave.