Martin,
S&P in its Aug11/01 analysis also comment on the "swap" issue. I won't share here what the report said so as not to "put more gas on the fire since the fear fire is already buring well" <gg>
However, I would still maintain that swapping is integral nature of the band capacity business .... so long as they were executed for geniune business purposes.
As per moderated thread, I thought it was OK for emotions and frustrations to be expressed (and not necessarily judged as Jerry Springer). The concern is that each time posters express negative sentiments and fears, a new gate keeper comes along, start a moderated thread, and the cheerleading continues. Many are in the position now because of pooh poohing the sentiment of over capacity, price decline, economy, negative sector, analysts downgrades, journalists articles, insider recticent corporate culture, etc. I'm glad I've progressively got rid 2/3 of my position since April, but still unhappy I'm stuck.
However, it's never over until you know who sings. |
