The NEW Henry Blodget?

Discussion in 'Wall St. News' started by a529612, Mar 14, 2007.

  1. The Bear Stearns analyst who upgraded New Century, Scott R. Coren, wrote in a research note that the company’s stock price reflected the risks in its industry, and that the downside risk was about $10 in a “rescue-sale scenario.” According to New Century, Bear Stearns is among the firms with a “longstanding” relationship financing its mortgage operation. Mr. Coren, through a spokeswoman, declined to comment.

    http://www.nytimes.com/2007/03/11/b...2000&en=978cde54a3cdcb70&ei=5087 &oref=slogin