Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (66201)	2/9/2001 10:13:03 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 436258

Going long right now, AMCC and BRCM and BRCD.. It's mania time again. Time to close your nose and buy any mo-mo trash you can find. These suckers are going up 10% today at a minimum.

To: pater tenebrarum who wrote (66201)	2/9/2001 10:13:48 AM
From: awi	Read Replies (1) \| Respond to of 436258

Yes, it is, esp. as the interest on that is huge.

To: pater tenebrarum who wrote (66201)	2/9/2001 10:18:48 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 436258

<<US, AVERAGE credit card debt per capita is $ 8,000! that's INSANE imo... >> Lou Gersner, John Chambers, Michael Dell, Stanford Weil, and other fat cats got some of that - thanks to the trickle-up economies of scale! Ain't capitalism cool?

To: pater tenebrarum who wrote (66201)	2/9/2001 10:20:23 AM
From: yard_man	Read Replies (2) \| Respond to of 436258

Quick -- give let's give it to somebody else as an 'investment' ... <vbg> biz.yahoo.com Citibank has rolled out more than $7.0 billion of card ABS through its ``Block and Trap'' program. ho ho ho

To: pater tenebrarum who wrote (66201)	2/9/2001 10:22:39 AM
From: Perspective	Read Replies (1) \| Respond to of 436258

Part of it may be due to all the stupid teaser rate games that go on. I continually get two offers per day on cards, one at zero interest for six months and no transacation fee for balance transfers, and one with no cash advance fee. So you can take the cash advance on the one, move the balance to the zero interest card, and dump the proceeds into CDs and still make money. My only problem is that my tax rate has risen to the point that it isn't worthwhile any more. I keep waiting for the event that causes that to shut down. The sucking sound on the money supply would be deafening. BC