Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (2340)	3/11/2001 8:28:56 PM
From: westpacific	Read Replies (2) of 74559

Jay - you know what I have not seen one post on, what happens when many of these companies go BK. They will not be able to raise additional captial. Was looking at old Digital Island, now a $2 1/2 dollar stock. Employees (last reported count): 900 Since we have lost our manufacturing base we will sure need a lot of McDonalds and Starbucks to give them all jobs. I have looked at company after company today just like this - no PE, big employee numbers. This is a scenario I do not like to dwell on. Thinking of buying an island or a ranch in Montana surrounded by landmines and hire some of them for my personnal army. The Y2K bunker book sellers could redeploy their novels on bunker building for the impending doom. 'Bunker Building to defend yourself from the Apple Selling masses' West

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