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To: waverider who wrote (96512)3/31/2001 12:24:05 AM
From: Jon Koplik  Read Replies (2) | Respond to of 152472
 
Re : worries about defaults on vendor financing of high tech equipment -- if there are sound fundamental economics behind the debt and the cost of servicing the debt, then there should never be defaults.

It should only be when money is borrowed for some idiotic purpose (like spending a fortune to buy a mailing list of people who did page hits on a pet food website, for example ...) where it is a real worry that :

this cannot go on.

Having a 1x wireless system is great for a wireless carrier.

There should be no problem, unless money supply is pulling another 1931 - 1933 type contraction (which is absolutely NOT happening now at all ...)

Jon.