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To: B.REVERE who wrote (66299)3/21/2001 8:45:43 AM
From: Tom M  Respond to of 116764
 
"The result is that instead of the traditional trade-off of equity and debt, with debt decreasing during a boom and swelling during a downturn, most companies have seen their debts increase during the stock market boom."

What a trap this last administration (ala GS etc) built. And how many bottoms has Abby called over the past several months, lastly recommending a zero cash position?

"The top ten percent of the population own over 70 percent of the national wealth"

We'll just see if that zero cash position can bring that wealthy 10% figure down to a much more "governable" percentage. Just buy companies who GS consulted for like ASL & it won't take too long.

scarey link,
Tom