Eugene David ...The One-Minute Pundit |
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Thursday, August 25, 2005
Con-SERRRRRRRRRRRRRRRRRRRRRRRR-va-TIVES:
Luxury home builder Toll Brothers Inc. said Thursday its earnings doubled in the fiscal third quarter, due to the company's strong land position and pricing power in its affluent markets.... Robert I. Toll, chairman and chief executive officer, said, "While the supply of buildable lots seems increasingly to be constrained by governmental regulation, demographics-driven demand continues to grow. We believe strong job numbers and an improving economy are positive factors for the housing industry, in general, and our luxury niche in particular." Larry KUUUUUUUUUUUUUUDlow! Get out those AIR TANKS!
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