Our 12-month target price of $6 implies a priceto-book multiple of roughly 0.45X applied to current book value per share of $13.35, significantly below WM's historical average.We believe this discount is warranted in light of credit issues.
WM has bottomed here and either buying the stock or selling the 4 put is like a perpetual non expiring call on the stock...............I believe WM will survive especially now thatm Mortgage bill will be signed by Bush expect a pop here
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Windows Server 2008 Active Directory. Configuring:70-640 TS:Upgrading MCSE on Wndws Serv 2003 to Wndws Serv 2008:70-649 Microsoft Silverlight 4, Development:70-506 TS: Microsoft .NET Framework 3.5, Windows Forms Application Development:70-505 Designing Cisco Network Service Architectures:642-874 Designing HP StorageWorks Solutions:HP0-J40
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