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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (89760)	2/20/2001 11:59:40 AM
From: MeDroogies	Read Replies (1) \| Respond to of 97611

The biggest problem that AG has right now isn't the "recession" but the buckets of loans that are outstanding. Lowering rates will make servicing some of them easier - freeing up a bit of cash. But the reality is that the debt load has to be blown off before a long term growth curve can really ramp up again. I don't see this as a recession by any means, and I find it humorous that a CEO - without applying rigorous standards to his "measurements" would use the term so freely. I guess if we keep lowering the bar for everything, then we can come up with one term to cover all aspects of occurrences. We won't need terms like recession and growth because to achieve either would require little in the way of meaningful nuance. Ride it out, guys. After 10 years of growth, why not have a nice cold shower? We can't have it perfect all the time. The economy is fine. Interest rates will come down slowly...maybe in your 10 day time frame we'll get a little boost, maybe not. By mid-summer, people will have forgotten all this and the debt loads will have diminished dramatically.