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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (65173)7/24/1999 11:12:00 AM
From: Defrocked  Read Replies (4) | Respond to of 132070
 
Additional anecdotal evidence:
I took my son to an ice cream parlour recently.
The woman inline ahead of me used a Mastercard
to pay $10.35 for 4 cones and sundaes. Her appearance
and mannerisms suggested inexperience with credit cards.
The buildings on either side had cash machines.
For some reason, the episode bothered me. At a time
of "full employment", the "new era" has moved to
the "borrowing extreme" for credit card usage.
Furthermore, the grocery store around the corner had
much cheaper offerings by the half gallon. FWIW. WDIK.



To: Yogizuna who wrote (65173)7/24/1999 11:24:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Yogi, I saw the warning signs last year when Dell had its tumble. Though I was very happy with my profits on the puts, it was a nice drop, but hardly the end of the world. But already Dellnialists were talking about having lost all the money they'd made in the past 5 years. If you look at that stock's chart, then they have to be the most margined folks on the planet. And I think that is only the tip of the iceberg. A bigger move down in stocks will be absolutely deadly.