Blackmont Capital's Brad Smith is One Tough Analyst to Surprise

� Brad Smith (BS) on National Bank's $237 million writedown for Q4 2008, as reported by Bloomberg on 26 November 2008�The ABCP writedown comes as no surprise given recent credit market deterioration,� Blackmont Capital Inc. analyst Brad Smith wrote in a note to investors. Smith, who rates National Bank shares a �hold,� said that the preliminary results are 5 cents a share higher than he was