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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (6345)	7/28/2001 1:48:11 PM
From: elmatador	Respond to of 74559

Companies in trouble are very much like indebted developing economies. They hide the problem to the end and then when they are in really deep trouble they call the IMF to rescue. Companies act in the same way the only difference is that they call their bankers. Developing countries promise to balance budget, sack redundant civil servants and privatise their stateowned enterprises. Companies are requested to sell businesses and cut down the work force. The common point between both, companies and developing countries are: lousy policies. Developing countries have governing elites that want to keep the power and do not want to enter in any kind of agreements that would undermine their grip in the power. Companies have board of directors that do not take any action that let them in the end with less power. Just to illustrate: Telenor merge with Telia. It didn't go forward due to egos difference between the Swedish bosses and the Norwegian bosses. ALA/LU the same thing. They wanted to marry but no one want to be the bride <vbg>. Dutch ILEC KPN and Belgacom, reached the same wall: guys don't want to relinquish power. Developing countries is the same: they don't want to implement policies that let the guy who lost the last election without a cushy job in the state oil monopoly or to become Ministry of Transport or go to be the ambassador to Paris. Ericsson instead of sacking the non performing guy sending him to be president of Ericsson Portugal. Just because he brokered some deals for ERICY in Argentina during the early 90's. Siemens instead of sending the guy to look for another job, send him to be president of a local company somewhere. The only difference is that countreis don't go bankrupt. Companies do.

To: TobagoJack who wrote (6345)	7/28/2001 3:13:27 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Jay, what I assume drives you crazy, is that your system is in place and working, all the coordinates have been punched in long ago, and now, on cruise control, you'd rather take some pills and wake up when it's over. One feels so... powerless. From your genetic profile, let me tell you, you'll be just fine. How do I know it? I dont, otoh I feel it. Is that not enough (g)? AND (hint, hint, wink, wink) a kid or two can be a lot of fun. Who'll run this planet when we're gone? Chimps? Give earth a chance. dj

To: TobagoJack who wrote (6345)	7/28/2001 7:30:27 PM
From: Ilaine	Read Replies (2) \| Respond to of 74559

Is this headline over the top or is there something (else) to worry about? >>Alarm as populist Japanese PM flirts with fascism<< >>People like Mr Den say there is a dark side to Mr Koizumi. First, there is his avowed intention to pray at Tokyo's Yasukuni Shrine to the war dead. Then there is his plan to revise Article Nine, which renounces Japan's right to wage war. Thirdly, there is the dispute with South Korea and China over a Japanese school textbook said to gloss over Japan's wartime atrocities.<< news.independent.co.uk

To: TobagoJack who wrote (6345)	7/29/2001 1:08:16 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Message 16141155 Jay, I entered you in a horse race there. We can split the profits! Dive into that little blue pool and you will emerge in another cyberspace world... I was all set to write a rant in response to your post, imagined what I would say, but an intervening day has come and gone. Maybe tomorrow I'll do it. It was such a good rant too - now it's lost forever. If I remember rightly, it was along the lines that we are seeking here in cyberspace some psychic harmony to resolve that eternal balance between creative predatorial exuberance and fearful flight [and that's just in the financial markets, let alone the other stuff]. Mqurice