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Thursday, November 08, 2007

Toll: Current Slump "Much Worse" Than Previous Slumps

by Calculated Risk on 11/08/2007 03:43:00 PM

Here are some headlines (hat tip Brian) from the Toll Brothers Conference call:

Adjusted New Home Inventory Click on photo for larger image.

The audio of the conference call should be available here soon.

I miss Ivy Zelman and her KoolAid comments! Note: Ms. Zelman (while at Credit Suisse) confronted Toll Brothers CEO Bob Toll during an analyst conference call in 2006 by asking: "Which Kool-aid are you drinking?"