Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 226.05

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Nov 14 9:30 AM EST

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To: BWAC who wrote (7429)	10/6/2003 6:58:05 PM
From: robert b furman	Read Replies (1) of 25522

HI Bwac, I'd take some issue with you on that. Many loans are interest or very low. The debt repayment is accelerated when one doesn't have to service the interest charges of past rates. Mant customers are now coming in with more equity in their vehicles as they were able to finance for shorter periods ,since there wasn't an interest charge. Admittedly there are some that just pay slower no matter what the rate. But in so far as the loan holder is coscientous - they are able to repay the debt quicker. Bob

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