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To: pater tenebrarum who wrote (67260)2/13/2001 2:04:50 PM
From: sammaster  Read Replies (1) | Respond to of 436258
 
i agree that japan and our bubbles will pop differently...
both will be very severe but i think US will work out the exceeses faster so the decline will be sharper but rebound will happen sooner than 10 years and counting like japan



To: pater tenebrarum who wrote (67260)2/13/2001 2:10:39 PM
From: chic_hearne  Respond to of 436258
 
thanks....



To: pater tenebrarum who wrote (67260)2/13/2001 5:01:34 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
nice post Heinz: the dreadful thing is, just how long they may drag this mess out! We could be standing in Japans shoes but without the savings...



To: pater tenebrarum who wrote (67260)2/13/2001 5:56:27 PM
From: Ex-INTCfan  Read Replies (2) | Respond to of 436258
 
Interesting post hienz. The evidence is still coming in. I'll share some anectotal observations.

The Naz crash did have an impact on the Real Estate business here in Houston. My wife works for a firm that sells homes mostly in the $300K to $1,500K range. The market for houses in the $500K plus range got very, very soft in October through December. It appears to be picking up now. Of course, Houston's a bit insulated from the rest of the economy because of the energy biz. When you get into the $500K home range, the ability to buy begins to depend more upon one's assets than one's income; the market depleted many of these assets, IMHO.

Keep an eye on California Real Estate prices, especially San Jose and the Bay area. I think these will be an early indicator of things to come. The question is whether they will moderate or crash.

My own business is Web based, and we have seen no slowdown. In fact, things are substantially ahead of where they were a year ago, without a substantial increase in Web traffic. The only problem I've seen is one or two Web-based clients who are slow to pay, which gives me a very uncomfortable feeling. I'm thinking about making them pay in advance in the future.

INTCfan



To: pater tenebrarum who wrote (67260)2/13/2001 10:28:25 PM
From: B.REVERE  Read Replies (2) | Respond to of 436258
 
HB, how did bonds fare during the 29-32 period? I'm holding
investgrade corp "a" or better anywhere from 2-30 years.
Would you dump at&t at this point? If "lu" can get downgraded to junk, can "t" be far behind? What about banks
and the agencies? I have Federal home, fannie, citi.

TIA