Cabela's 2006 Annual Report Download - page 26

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22
fluctuate. The performance of the loans included in our securitizations is subject to the same risks and uncertainties
that affect the loans that we have not securitized, including, among others, increased delinquencies and credit losses,
economic downturns and social factors, interest rate fluctuations, changes in government policies and regulations,
competition, expenses, dependence upon third-party vendors, fluctuations in accounts and account balances, and
industry risks.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.