Zeev's Turnips Patch-No Politics (ZEEV)

[hiker]

Bruce, Re: ALD, any thoughts on this article (dated 6/26/2002)? Looks like similar issues to AGM.

More Stocks to Avoid

http://www.fool.com/news/foth/2002/foth020626.htm

Excerpt:

"The two companies I'd warn investors away from today are Farmer Mac (NYSE: AGM), a government-sponsored entity that was chartered by Congress to do for the farm mortgage market what its larger cousins, Fannie Mae and Freddie Mac, do for the housing mortgage market, and Allied Capital (NYSE: ALD), the nation's largest business development company, which primarily invests mezzanine debt and equity into middle-market private companies. Both companies have been targeted by short sellers (another warning flag I've written about) and, in fact, the short thesis with Farmer Mac is so compelling that not only did I make it my first short ever, but it is also my largest position. "