Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snowshoe who wrote (21815)	7/28/2002 11:57:46 PM
From: Maurice Winn	Read Replies (1) of 74559

Snowshoe, Qwest has been publicly flogged for two years now, going from $50 to $1. siliconinvestor.com That still left $5 billion in market capitalisation to erode. Which I guess will solidly erode tomorrow. The J P Morgan wobbles are more worrying. I will review Jay's analysis [I skimmed it, gulped and decided to take a look a bit later]. Umpty trillion in derivatives unraveling sounds like a LOT of fun. I suppose when people get nervous about the stability of counterparties to their expected value, they might close a few positions which could start a stampede for the exits. How exciting to live in such times. Here we are, right here, right now, at the very edge of the billion year long surge of biological development to the edge of cyberspace and we have reached Reynolds Number - the laminar flow is forming into very large swirls and turbulence. The greatest things ever have happened over the past century and the most dangerous things ever too. Mqurice PS: Qwest, being a CDMA operator and in the sensitive telecosmic business, will drag associated parties into their little eddy of despair. QUALCOMM is one of those associated [in that Qwest sells phones with QUALCOMM ASICs in them].

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next