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Thanks, that's interesting.
I'm still kicking myself for not buying the puts on Toll like I talked about here when Toll was at $70-80. I just wonder if the boat has been missed for TOL and XHB. I tend to not think so - I can easily see TOL, for example, being a $15 stock before Jan 08. $6K in puts of Jan 08 TOL at $15 strike would be a very nice payoff! But it's not the no-brainer that it was when TOL was at $70-80.
There's a great one page article in the current issue of Forbes, titled "Implosion." I left it at the office, I wish I could post it, I'd be really interested to see who disagrees with it, and why.
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