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  • March 7, 2007 at 1:32 PM #8535
    heavyd
    Participant

    This is kind of refreshing…

    “…2007 is going to suck, all 12 months of the calendar year…” — CEO Donald Tomnitz

    HD

    March 7, 2007 at 1:41 PM #47092
    hipmatt
    Participant

    I’m glad he said this, but right after this he said he expects sales to take off again in 2008!!! LOL

    March 7, 2007 at 2:48 PM #47099
    Cow_tipping
    Participant

    But … if it crashes and burns in 07, say 50% to 80% declines YOY in the bad markets, they can take off in 08, till ~2013-14 when baby boomers dump their built in the 70’s shitboxes on the market and it dies again. Just the ticket for squeezin in another boom bust in the time we have.
    Cool.
    Cow_tipping.

    March 7, 2007 at 4:47 PM #47107
    no_such_reality
    Participant

    Meanwhile, Greenspan calls the bottom…

    http://news.yahoo.com/s/nm/20070307/bs_nm/usa_economy_housing_greenspan_dc_1

    Anybody have that in context? I’m guessing he’s talking about volume and not pricing.

    March 7, 2007 at 5:03 PM #47108
    JWM in SD
    Participant

    Volume always precedes price, always.

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