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 (5561)	7/4/2001 5:24:54 AM
From: Maurice Winn	Read Replies (1) of 74559

Jay, I buy BEFORE the irrational exuberance. I sell into hysteria, usually getting the peak. I made an exception for Globalstar, which has been a great blow. The Red Herring article is old. China is going flat out on CDMA. Nokia just signed up too. Incidentally, I was reading some disconcerting articles about the default rate of credit in Philippines, Indonesia and here and there in the East [or, the West from NZ's point of view]. Something to do with the USA not pulling them out of the mess which started in 1997 and which hasn't been resolved. I think I'll just whistle, look the other way and ignore it! They just need a bit of CDMA. Mqurice

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