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No. of Recommendations: 6
Anyone who is a shareholder of Primus or who hasn't become one because they can't quite get a grasp on this complex company should definitely check out the new interview that our very own Bill Mann recently conducted with the company's CEO Thomas Jasper. It's truly fascinating how the company will actually have its best opportunity to make money when there is a temporary credit crunch like we are experiencing right now and yet the mark to market GAAP earnings that it is forced to report (which most potential investors will look at) will actually temporarily look worse. It seems to me as though this sort of situation has the potential for some explosive gains. It is possible that investors will turn up their nose at Primus and its terrible EPS at just the time that it is making the most money. If Primus gets whacked when it reports its earnings next quarter, I may just have to swoop in and pick up some cheap shares.

http://newsletters.fool.com/25/online-exclusives/features/2007/10/03/interview-with-primus-guaranty-chief-executive-off.aspx

Deej
- Long PRS
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