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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (7410)	10/25/1997 10:09:00 PM
From: Investor2	of 94695

RE: " I also assume the companies that own credit card businesses will notice these imbalances and take some action. Even I could write an intelligent application to sense this problem in real time.:-)" One would hope that the above is true. However, given the "pre-approved" credit card applications that are currently being mailed out to people who in no way can or will pay their debts, I'm not sure that the companies will follow a logical path until emergency actions are needed. Best wishes, I2

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