Countrywide's Profit Vow May Call for Closer Look

""Not so fast," Frederick Cannon, an analyst at Keefe, Bruyette & Woods, said in a research note yesterday, predicting that the stock will "underperform" the market. Because investors have grown so jumpy about the surge in defaults on mortgages, lenders like Countrywide can no longer fund themselves with short-term borrowings in the capital markets, such as by issuing commercial paper"