It was a mixed day on Wall Street as Toll Brothers (TOL), a leading homebuilder, cut its 2006 sales forecast and gave investors the heebie-jeebies about the housing sector. On a brighter note, there was a leveraged buyout of Linens N Things (LIN) in a deal worth about $1.3 billion that gave some investors comfort that there is still value to be found outside of the energy sector. Tech stocks were very tranquil today ahead of Cisco Systems (CSCO +.28%) reporting earnings tomorrow.
Caspermick
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