Don't Foreclose On Countrywide

Just about a year ago, Countrywide Credit Industries Inc. appeared unbeatable. The stock of the huge home-mortgage lender was flying high, climbing fast to 22 from the low teens in 1992. But the stock is now back down to 14. Nervous investors have been bailing out, concerned that rising interest rates will clobber the company. Not everyone agrees, however.

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