SI
SI
discoversearch

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.
Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 226.05+1.3%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BWAC who wrote (7437)10/7/2003 7:31:53 AM
From: robert b furman  Read Replies (1) of 25522
 
YUP,

They are alaways the problem.

Interestingly enough as charge offs go up deliquency on credit cards go down.

It seems that credir companies can't hold non performers in this low rate scenario.

So the ultimate enforcer is the common sense of the teaser(credit issuer).

That sound pretty healthy and if you are a dumb-ss well then you got it coming.

All in all - very healthy for the working consumer.

Many of our good customers are enjoying driving newer vehicles with no repair expense exposure.They're trading in a 3 year old vehicle vs a 4-5 year old vehicle.

They do this:
1) since they have quickly built equity
2)they want to extend out the cost free debt

This better economy had better be robust.It is the days of an increasing debt service that will keep everyone in their no cost loan.

Talk about a pent up market - that will take some awfully exciting product,to get people to pay 10% loan rates again???

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext