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From: bookr...@yahoo.com
Date: Wed, 15 Aug 2007 17:21:33 -0700
Local: Wed, Aug 15 2007 8:21 pm
Subject: Re: SubPrime Woes and it's relation to price drop
mkcool wrote: If the percentage of investment in subprime is 10% and you're working > If the percentage of > investment in subprime is not more than 10% then the question arises > why the stock prices of financial companies going down when the > company is more likely to show profit at the end of the quarter at a 20:1 leverage, then 50% losses in subprime are enough to wipe you out completely. That's why, in a nutshell. You must Sign in before you can post messages.
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