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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (34990)3/23/2001 12:23:24 AM
From: Ritch  Read Replies (1) | Respond to of 35685
 
If you were to ask them when was the last time we traded down after three consecutive cuts, hardly any of them would have an idea. It's simply not germane to their model/thinking -- just boring history. That's why we call them clowns I guess.

Hi Allan. Just curious. When was the last time that we traded down after three consecutive rate cuts?

Thanks,

Ritch



To: AllansAlias who wrote (34990)3/23/2001 7:37:58 AM
From: bonnuss_in_austin  Read Replies (3) | Respond to of 35685
 
Morning, Allan ... hey, I hear ya ...

...and fully agree re bear rallies.

I want to shake people (particularly here in Austin -- tech employed who believe that others will lose their jobs -- not them -- and blithely say, "It'll come back") and say, "Look around you! Companies are not spending on technology ... certainly not at levels of the past." That's all I need to see to convince me that tech is dead. Period. The tech-based economy of the 90s was an internet bubble.

Will it change? Is this temporary? I don't think so ... I hate to think this way, but I can't deny it.

I'm am so biased, though, having lived my adult life in technology. Career/location ... I'm a product of tech <g>

I hope my instincts on this are dead wrong. That's my 'hope' for the future.

Change of subject -- check out this email I received overnight -- I've read about these types of scams on SI and other investing news places ... I get so much spam/scam investing email -- do you?

Subject:
Partnership
Date:
Fri, 23 Mar 2001 06:23:35
From:
"Amobi Nzelu, Esq." <nzelu@messagez.com>



I am Barrister Amobi Nzelu, the legal adviser to Mr. Mohammed Abacha,
the heir apparent to the estate of the late Head of State of the Federal
Republic of
Nigeria, late General Sani Abacha.

I am contacting you due to the present situation as regard the special
panel set up by the new democratic administration (spearheaded by Chief
Olusegun
Obasanjo who was jailed by my client's father during his tenure for an
attempted coup plot against his administration). An anti-corruption bill
was recently
passed in the country (apparently targeted on my client's family) to
recover all supposed looted money kept by the Abacha's family both
abroad and locally.
This exercise has been going on for some time since the demise of my
client's father.

The government has succeeded so far to recover the sum of $3.2 Billion
US Dollars from Swiss Bank account belonging to my client's father. As
at six
months ago, they recovered $565Million US Dollars and on the 11th of
November 2000 another $395 Million US Dollars was recovered owing to the
co-
operation of the Swiss government.

These facts you can confirm from the Nigerian Embassy in your country or
you can request for newspapers or BBC publications for further proof. I
am
consulting you on behalf of my client Mr. Mohammed Abacha who demands me
to “urgently” look for a foreign partner, who could help us immediately
to
move a certain amount of money outside Nigeria.

All I want you to do is to receive the said amount in your name and
invest it on behalf of my client's family who shall be a partner (under
anonymity) in
whatever business venture you intend investing. The money in question is
about $40 Million United States Dollars, kept in a security vault. All
documentation
regarding this are in my possession and a power of attorney to transact
this business has been fully given to me by my client.

In the light of above, I am soliciting your assistance and partnership
to move this money out of Nigeria for as both of us can make a lot of
profit. After due
consultation with my client, a 30% of the whole money will be given to
you as commission/compensation for obliging the materials and channel to
help us
push this money abroad for investment purpose.

This money was kept and lodged in a security vault in a crate marked
antique. For the time being, it is safe and undisclosed. Therefore,
contact me
immediately, only, if you are able and interested in assisting me.
Kindly contact me preferably using my email address at AMOBI@ADEXEC.COM,
as soon as
possible.

Thanks for your co-operation.

Yours sincerely,

Barrister Amobi Nzelu
AMOBI@ADEXEC.COM

____________________

LOL.

bia