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To: No Mo Mo who wrote (47497)4/20/2000 6:31:00 PM
From: KyrosL  Respond to of 99985
 
Darin, great post, thanks!

Kyros



To: No Mo Mo who wrote (47497)4/20/2000 6:32:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Crookedl: Well thought out response. I am sure Haim focused on the health care issue because of his parents (whom live in Israel) failing health and the challenges he has encountered.

Thanks for keeping it cordial and respectful...

Regards,
LG



To: No Mo Mo who wrote (47497)4/21/2000 12:38:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
*** OT *** Darin, it is quite easy to brush away facts such as the mountain of US debt and US market capitalization.

Further it is easier to suggest or imply things I never wrote or intended to write, it is still a written medium with delay.

Darin, please point to period in history were such situations lasted and the outcome was a pleasant one.

Would like to remind you that same attitude was around 11/12 years ago regarding real estate properties, by 1992/3 the prices came crashing down and prime real estate was sold for 1/2 or less the price in many cases below replacement cost..... but it was still real estate you could use it.

In 1989 Japan was invincible were is it now? and they are less than 1/2 US GDP.

In a crisis weaker gets weaker and even the stronger gets to suffer.

No I do not anticipate riot in US cities but a substantial rise in hardship and crime like in 1981/82, but in other weaker economies a repeat of the Russian or Indonesian situation.

This situation could be saved if an orderly bubble deflation will occur. The remedy ....... just enforce the present securities laws with regard of financial reporting, report stock option packages as part of cost of labor ..... have one set of financial statements for the IRS and investing public and the market will return to realistic values without major cracks.

As to the second part of my post sorry that you got it wrong.

Those were incidents from my personal experience with a group of people I dealt before and never acted this way.

My point was that the fascination and addiction with the stock market and the related psychology of people arrived at such extremes that they are failing to properly perform their duties even if those are life saving duties.

Therefore your other remarks not to the point are detached from the intentions I wrote them in first place.

People consumed by nonsense are and will be in the future, but not that was the point I wanted to bring forward.

Respectfully
Haim