Daniel Oppenheim Quotes (3 Quotes)

We believe MDC has greater risk of earnings decline due to lower margins from its short land supply and exposure to markets where affordability is stretched.

We believe the high pace of construction activity and softening demand will lead to increasing inventory levels through 2006 and less price appreciation.

While we have expected weaker trends in orders, we were surprised by the magnitude of the 20 decline in the quarter given the significant community growth.