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  • buysellshortorhold buysellshortorhold Mar 31, 2012 4:55 PM Flag

    Downgraded to sell from neutral by Citibank

    My experience is when a great company has been whacked and it is downgraded, I buy after my own review.

    No question FTE will be in business 10 years from now.

    No question FTE is a buy based on fundamentals.

    No question FTE is a buy based on probable dividend yield exceeding my own benchmark 4.5% (of course FTE is much better than that).

    No question that FTE fully meets the criteria "buy into fear, sell into cheer."

    No question FTE is a better buy today than it has been for many years (other than the housing debacle).

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