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I guess it depends on whether this is investment or just "investment".

The bit about


private equity's three to five-year investment horizons

Seems to imply that the buyers are just looking to flip their asset at the point of maximum return.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Thu Nov 30th, 2006 at 08:06:56 AM EST
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