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

To: Knighty Tin who wrote (67690)	9/14/1999 6:01:00 PM
From: Les H	Read Replies (3) \| Respond to of 132070

Lester Thurow - Recession after tech-driven boom biz.yahoo.com

To: Knighty Tin who wrote (67690)	9/14/1999 11:00:00 PM
From: yard_man	Respond to of 132070

Seems to me, even if foreigners didn't have a large stake in our markets -- nobody here would be content to simply have appreciating assets -- they want to spend like they are rich, too ... that has to cause the end of the game at some point, too. oh -- just noticed the Thurow post -- I think he is as dumb as he looks. I've seen him on NBR a few times ...

To: Knighty Tin who wrote (67690)	9/15/1999 8:10:00 AM
From: AurumRabosa	Read Replies (1) \| Respond to of 132070

The yen hit 103.25 overnight, don't you think they're already starting to "vote with their feet?" Do you see long rates getting over 6.5%? Have you taken a look at puts on such high flying telecosmic stocks as Nextlink (NXLK)? Craig McCaw is so free with other people's money that he's willing to shell out over $60 million a quarter to service his 12.2% trash bonds while spending the rest like a drunken sailor. The cash flow situation for this company is so poor I think their only hope is to be bought out by Pa Bell.