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Old 11-02-2007, 09:20 AM
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Re: Value Trail or Road to the poorhouse?

Quote:
Originally Posted by petekoch View Post
Rather than calculate liquidation value, I'd first rather have strong evidence that RDN will be a survivor, which I don't have yet. The recent dance with the rating agencies gives me pause. RDN is rated AA; most of its competitors are rated AAA, for what that's worth. PMI looks more solid.
Hmmm, what made you buy it in the first place?
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