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Investing Strategies / It's Earnings That Count

URL:  https://boards.fool.com/hi-all-i-am-new-to-this-thread-and-just-bought-26487698.aspx

Subject:  Re: First Marblehead @ $32 Date:  3/19/2008  2:13 PM
Author:  PulltheTrigger Number:  1473 of 1817

Hi all, I am new to this thread and just bought the book but I had to say just bought this diamond at $7.75.


I can't speak for Hewitt Heiserman, but FMD's business model is changing and I'm not so sure he would value it the same as he did back in November. I think with the credit markets shut down and with FMD turning into more of a lender than simply a facilitator of PSL's, it's profitability has certainly changed.

I'd love to hear his Hewitt's updated thinking on FMD if he's lurking.
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