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VALUE CHECK - NOVEMBER 27, 2007
Amidst the continuing investor fears and stock market turbulence relating to subprime mortgages, asset-backed commercial paper and financial institution write-offs, investors should be reminded of an important investment truism. The fact is that while securities prices might be extremely volatile, underlying business values tend to be relatively stable and do not change materially. This point is worthy of remembrance during the present period of excessively erratic markets.

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