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 (12140)	12/26/2001 9:38:13 AM
From: elmatador	Read Replies (2) of 74559

"Retail sales at discount, chain and department stores fell sharply in the first three weeks of December, suggesting deep discounts failed to lure wary consumers to stores, Instinet Research said in its weekly report on Wednesday ... siliconinvestor.com As we are discussing here early September: Message 16299766 Now I'm redifining kaboom. Kaboom is the predator buying up at obscenely cheap prices what once was obscenely expensive. The 10 million boat that became a 150K boat you mentioned. Or the 5.2 billion Winstar network that became $42.5 million scrap heap. These two examples are kaboom! Overcapacity has to be withdrawn from the system. And it must be dumped at any rate -what me and Carranza2 call "digestion".

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