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To: J. P. who wrote (90369)4/5/2001 11:27:29 AM
From: TheStockFairy  Respond to of 436258
 
YES! We are going to hear the real RE horror stories through the end of the year.

REMEMBER:

There is NO WAY that joe sixpack, who purchased their house 3 years ago should dumb luck his way into a 50% gain. I'm betting he is going go lose 25% before the carnage is over.



To: J. P. who wrote (90369)4/5/2001 12:27:02 PM
From: Les H  Respond to of 436258
 
it's the company you keep and the company that keeps you not...

news.cnet.com

theatlantic.com



To: J. P. who wrote (90369)4/5/2001 7:02:29 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Nice find, JP. That guy (Eavis) who authored the article has been putting out some pretty good, thoughtful stuff. FWIW, I think CNC is all smoke and mirrors (all the more so because an ex-GE guy with a taste for over the top compensation packages (Wendt) is running it). J5P just moved from a tract home to a mobile home...and he lost next months mortgage in the market.

I'd short when/if they undercut the lows of their recent base (a close of 12 1/2 or lower would suffice for me).

Regards

Patron