Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ilaine who wrote (106841)	6/6/2001 10:59:47 AM
From: oldirtybastard	Read Replies (2) of 436258

CB, maybe I am oversimplifying but I think it comes down to underlying asset values and more importantly revenue/income streams of underlying businesses being able to support the credit pyramid that was built due to malinvestment. The scale to which this was overshot seems astounding to myself and many others here and IMO the fallout will be astounding too, the correction in the Nasdaq we have already seen being a very small part of it. Does it not seem a fairly simple concept? tippet, sorry to butt in if this is not what you are trying to get across

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