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Wednesday, March 07, 2007

D.R. Horton CEO: "2007 is going to suck"

by Calculated Risk on 3/07/2007 04:43:00 PM

From Bloomberg: Toll Cancellations Drop; Horton to Miss Projections

``I don't want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year,'' D.R. Horton Chief Executive Officer Donald Tomnitz said at a Citigroup Inc. conference in New York. ``Our future is not as bright as what we would like it to be.''