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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: waverider who wrote (22436)10/24/2001 1:34:43 PM
From: Lee Lichterman III  Read Replies (2) of 52237
 
Agree, I still have Windows 2000 sitting in it's jewel case uninstalled. If it isn't broke, don't mess with it. The idea of XP scares the heck out of me although I have to recall my favorite saying that has never been wrong, " Never under estimate the stupidity of the American public, especially when in large groups". -NG- They will likely buy it like the good sheeple that they are not caring about privacy invasion. Almost every computer I work on for friends has the cookies on them that track them around the net. They have no clue.

XP licensing in the name of anti copying is scary. It is bad enough that MSFT's Media player tries to send me cookies everytime I try to play a song from my media library. XP tracking my serial numbers and make and models of my hardware is just a "No way" in my book. It is none of their business what I am running, where I got it etc. I swap parts in my computers frequently and it would be a head ache if it turns out there is a bug and it doesn't let me change a couple things as they say I would be able to and even then I have to let them know what I have done so that they can update my permissions file. Get lost! It is just the idea of them snooping my stuff that turns me off. George Orwell would be rolling in his grave if he saw this software release.

3G would be nice but as you pointed out, the telecoms got themselves buried deep in debt and I would think that they will be a little wiser next time before jumping to wire teh world. All the news I read out of Europe and Asia shows they are scaling way down on 3G build outs and it has barely even received consideration here in the US. I wouldnt mind being able to get better charts on my web enabled phone or to be able to chat here on SI from it but there are more important things and the average person I know spends only about 30 minutes on line if that much. Not everyone is like me and lives here on SI and at our site 20 hours a day. -ggg-

The slow down forcing interest rates lower may prove to be the saviours of the telecom debt you speak of. Had the economy kept going at a rapid pace, the telecoms probably would have blown up by now and the government would be running the phone system. I imagine that they are running scared trying to pay the debt down as fast as possible to get things back under control. Just look at how many bond offerings there are out there all of a sudden. The scary thing is that it isn't just the telecoms doing debt offerings.

I was seriously considering getting out of stocks and just buying some of this debt. I have spent the last few days scanning over many of the bond offerings and there are some pretty good things out there. Recall that Bonds are first in line should something go wrong, they pay interest as things go right and move nicely in swings. I was talking to someone last night and it is as though corporate Bonds have become what stocks used to be. They pay interest payments like stocks used to pay dividends, they are more based on FA than hype like stocks used to be and have real worth unlike the paper everyone and their dog is trading now. Most of the yields are in the 7-9% range too for the good ones though the AAA brick and mortars are only paying about 5-7%.

I was awe struck however with how many bonds are available. I dont want to sound like I am into black helicopters and stuff but I was joking that it is as though the wall street smart money has passed all the stocks off to the little guy and that they are now all owning bonds. When the bubble blows up for real, the J6Ps will be holding worthless paper and the bond holders will get all the spoils. Maybe I should save this post for 5 years from now. -ggggg-

Good Luck,

Lee
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