dash>Doesn't hold water.
I wonder if any 'greater-than-a-dime' reaction is awaiting actual hard metrics/measurements, rather than just a slim, bald summary.
compare what we got from P&A today, with the contents of Pellegrino's 25Feb/2011 letter to Pierhal.
ie, the 2nd half of the March NR, here.
some clarification/elaboration may be in order.
perhaps we will be provided with more than a 'summary' in the coming days.
curious.
R.
PS: if it wasn't a proprietary/redacted element of the valuation methodology then, the same vein of empirical information shouldn't be proprietary/withheld now.