if your grandmother had this bubble, she'd be your grandfather. by which is meant: if 2 unrelated phenomena suddenly develop all the same aspects they will become identical. what makes you think the Japanese economy and the Japanese mentality are the same as ours? their bubble had the imperial palace gardens, a few acres, equal in value to all the land in the state of california. even to today the Japanese banks have not written off and taken the losses on the bad debts carried as "loans" on their books. so they can't make healthy new loans, thus stifling their economy for lack of liquidity. and slowly and steadily these gigantic masses of non-performing loans totter into collapse. in our banking collapse of the 80's we wrote off all those loans in jig time. and the banks went back into healthier lending practices. an error in Japan devastates the executive's life, so he is very reluctant to admit that error. thus it festers and destroys his company. here, along with Fred Astaire, we pick ourselves up, dust ourselves off, and start all over again.
you should not be so smug about a financial collapse. if that comes maybe your mom or dad will lose jobs, and you may have to deliver papers in the morning before school.
before knocking nt, you should be able to answer these questions:
1. how does one identify a block (institutional) trade?
2. since all trades have a buyer and a seller, how can one tell whether a large trade indicates the main thrust of the trade is part of a trend of selling or buying?
3. what customers does nt have vs what customers does lu have?
4. who besides nt and lu can build out and finance a major network.
5. lu was an att spinoff and remained att's supplier when optics came in. who is building awe's wireless network.
6. what is awe?
7. what is a soliton, what difference does it make? what major company leads in soliton research?
8. what is OC-192? what is OC-768?
9. how does jnpr relate to csco; and how does it relate to nt?
10. what is an end-to-end solution and what effect does that have on future orders for nortel?
11. what was Carlyle's Great Man theory? what are some examples? how would that relate to a corporation?
12. what sort of personality has John Roth. does that matter? |
