<Intermission>
Well.... Since we have been reading this very interesting pissing match about the speeds....
"Mine is faster than yours"...
"Oh no, mine is faster than yours"...
etc. etc. etc......
I thought we all would take a break... since such high intellectual level can be exhausting at times.... And it also reminded me of this
True story...
Three men are sitting in the lobby of the Guinness Book of World Records.
After a while of shuffling around, they start to talk to each other.
The first man says, "I have the world's smallest hands and I'm going to be published in the book!"
The second man says, "Well, I have the world's smallest feet and I'm going to be published in the book of records!"
The third man looks up and says, "Well, I have the world's smallest penis and I'm going to be published in the book!"
After awhile, the door opens and the first man is asked to enter. Later, he emerges with a huge grin on his face. He announces, "I have the world's smallest hands!"
In a few minutes, the second man is invited into the room and the door
closes. After awhile, he also emerges and very happily announces, "I have the world's smallest feet, and I'm going to be in the book!"
Then the third man is invited into the room. After about 10 minutes, he emerges with a terrible scowl on his face. The others ask, "What's
wrong?"
The man shouts out, ... [see below]
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Who the hell is KISS?
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Well, at least this is also OFF TOPIC... [to keep it in the tone of the thtread] hmmm and I managed not to use that kind of language.... you know ? the Non-puritanical one.... well, except for the one, tiny itsy bitsy one....
I wonder what they call their thinghy ? chirriscuís probably, or something like that.
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Now, for less important stuff, here is something that re-inforces my view, we will see lower interest rates in the US in the future....
quote.bloomberg.com
<snip>
An Argentine official said additional funds aren't
necessary.
''We feel the option is always there but there's no
necessity yet to do that,'' Argentine Treasury Secretary Pablo
Guidotti said at a news conference in Buenos Aires. ''We have a
long, good-standing relationship with the IMF.''
Argentine markets rebounded today as presidential candidate
Eduardo Duhalde backtracked on comments made yesterday that he
would seek to renegotiate foreign debts. In addition, Wall Street
firms Lehman Brothers Inc. and Salomon Smith Barney told their
clients the country would weather a financial crisis.
The recovery was fueled by speculation the IMF was poised to
deliver whatever credit was necessary to steady the markets,
traders said. It was also spurred by reassurances from analysts
that Argentina isn't in immediate danger of missing debt payments
and can raise the $3 billion it needs this year to cover its
budget deficit.
Hmm... sounds very, very, suspitious to me.....
Oh, may be they are nudging the candidate to change his mind... but he already did !!
quote.bloomberg.com
<snip>
Buenos Aires, July 13 (Bloomberg) -- Argentine markets
rebounded as presidential candidate Eduardo Duhalde backtracked
on comments he'd seek to renegotiate foreign debts, and Wall
Street firms Lehman Brothers and Salomon Smith Barney encouraged
clients the country would weather the recession.
''Default, at least from a sovereign perspective, is not
really an issue this year,'' Joaquin Cottani, chief Latin
American economist for Lehman Brothers, told clients on a
conference call this morning.
Ah... but there is always the following year !! (about 5 1/2 months away).
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Oops.... Do you think they will increase rates after Intel.... well, may be not after all....
quote.bloomberg.com
Top World News
Tue, 13 Jul 1999, 7:17pm EST
Intel 2nd-Quarter Profit Rises 49%, Less Than Expected, as Prices Plummet
Intel 2nd-Qtr Net Rises 49%; Expects Strong 2nd Half (Update1)
(Adds analyst comment, details about forecast.)
Santa Clara, California, July 13 (Bloomberg) -- Intel Corp.,
the world's No. 1 computer-chip maker, said second-quarter profit
rose 49 percent, less than expected, though sales and earnings
are expected to pick up in the second half of the year.
Net income increased to $1.75 billion, or 51 cents a share,
from $1.17 billion, or 33 cents, a year earlier. The average
analyst estimate from First Call Corp. was 53 cents, though some
unpublished forecasts were as high as 57 cents. Sales rose 14
percent, less than expected, to $6.75 billion from $5.93 billion.
Now.... This could be REALLY interesting, if it ever comes to pass....
bloomberg.com
U.S. Republicans Propose Cutting Capital Gains Tax Rate to 25% From 35%
Washington, July 13 (Bloomberg) -- Republicans in the U.S.
House of Representatives today proposed reducing the corporate
capital gains tax rate to 25 percent from the current maximum of
35 percent.
The proposal is part of a sweeping 10-year, $864 billion tax-
cut plan sponsored by House Ways and Means Chairman Bill Archer.
Archer's tax-writing panel will begin work on the bill tonight
and perhaps vote on the measure tomorrow. |
