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Credit Spreads

Nov CMI BCS

October 31, 2006

Last night when CMI reported bad results (missed on both Revenues and Earnings, The company also reiterated its 2006 profit guidance of $14 to $14.20 per share. Analysts, on average, expect a profit of $14.35 per share.) it gapped down, I started to analyze it further for a bearish play….

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October 31, 2006
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