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To: Eric who wrote (49010)2/17/2001 9:31:22 AM
From: chojiro  Read Replies (1) | Respond to of 77400
 
The problem in Japan is nobody is borrowing money.

And you do not think that might be the eventual response to U.S. slowing economy with debts so high?

I understand that money is need to further R&D tech spending, but at some point, isn't it possible that everything comes to a stand still; driven perhaps by a halt in consumer spending?



To: Eric who wrote (49010)2/17/2001 9:44:30 AM
From: Zoltan!  Read Replies (1) | Respond to of 77400
 
>>The problem in Japan is nobody is borrowing money

Maybe they can lend some to old LU. Seems they aren't having too much luck in that area.

Credit Crunch?

Lucent Technologies was reportedly having trouble attracting buyers for a new $4.5 billion credit facility, and to renew an existing $2 billion facility. Both ratings agencies downgraded the company's debt to just above junk status.
interactive.wsj.com^LU


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