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Old 12-17-07, 07:15 PM
Fredledingue Fredledingue is offline
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Join Date: Aug 2007
Posts: 397
IMO they fairly said what they would lose and what else they could lose in worse-case scenario and that earnings will come on line with analyst expectations save one or two pennies.
But since the COD and subprime market won't heal their wound until next year and because winter make poeple pessimistic, I think it's dead money until a few months in.
the effect of the rate cuts will be felt only in a few months.
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