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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (28109)	9/17/2007 7:01:28 PM
From: Scoobah	Respond to of 78704

Here is a great Alt-energy services company, AGX $8.50 per share, 11,000,000 shares outstanding $55,000,000 cash $200,000,000 REVENUE RUN RATE: yahoo.brand.edgar-online.com

To: Paul Senior who wrote (28109)	11/14/2007 10:14:20 AM
From: E_K_S	Respond to of 78704

Hi Paul - New York Community Bancorp Inc. (NYB) participated in the Sandler O'Neill & Partners, L.P. East Coast Financial Services Conference yesterday and gave a very positive talk on their business. The bulk of their loans are done for multiple family homes and average 64% loan to value. They are finding that the loan spread for these loans are rising and several of their competitors are leaving this niche market (ie WM). They have no exposure to the subprime loan market and their non performaing loans history is very small to zero. The most positive news is that their deposit base has grown substantially from 2001 based on their acquisitions to date. This allows them a growing source of (cheap) funds for their loan business. Based on their presentation, I was quite impressed with the progress they have made since 2001 to improve their balance sheet, grow their customer base (including total deposits) and stay on track to their business model lending to multi-family units. As a result, they have dodged all the subprime mess and with steady to lower interest rates are experiencing better product margins which should result in higher quarterly earnings. I have upped my target for future stock sales and look for $20-$25 as my new target price. I believe the dividend is on solid ground now and expect more accretive acquisitions by the company that will help them to grow their business. Insiders continue to buy shares and have a vested interest to see this company grow. I believe next year will allow a good opportunity to harvest some profits at higher prices. EKS