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To: Victor Lazlo who wrote (123714)	4/17/2001 1:07:48 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 164684

i constructed a corp. cash red herring? you were the one who brought it up...i merely pointed out the fallacy in your argument. corporate indebtedness has never been higher...and that is net of cash (the debt to equity ratio, to be precise). and no need to 'shape facts' as you say...since the facts all happen to support the theory. the only point that is a bone of contention and debate even among supporters of the Longwave theory is where exactly in this cycle we are right now.