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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (11083)11/11/2001 7:45:58 PM
From: LLCF  Read Replies (1) of 74559
 
<the earnings warnings in Germany just dont abate>

Anecdote.... you had to wait 6 months for a new Porsche 911 one year ago... there are now several on the lot with no interest [according to dealer], something he hasn't seen since he started selling 6 years ago. Of course that fits in with the 'highend' implosion we're seeing in housing as well... several folks in N. Scottsdale giving homes back to bank I"m hearing.

DAK
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