Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (95774)	4/18/2001 1:35:08 PM
From: Andrew G.	Respond to of 436258

"As long as the currency of the creditor is perceived as a safe" Well right now equity values of creditors are soaring. I don't see any loss of faith. The credit bubble seems presently immune to a drop in the dollar relative to other currency. In fact it may stimulate the economy if it continues to drop. I think the credit bubble will just keep expanding indefinitely until the rules change. Saving and paying down debt is very unfashionable right now. We have a local company here called Metris NYSE:MXT a credit card provider that should give you an indication on how things are going: MXT 28.20 + 5.66 biz.yahoo.com Metris said it has increased its 2001 earnings per share forecast to a range of $2.52 to $2.57, driven by managed loan and fee income growth and new accounts.