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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Win Smith who wrote (55688)	9/17/2001 8:16:38 PM
From: kapkan4u	Read Replies (5) \| Respond to of 275872

Thread, here are some thoughts on the latest events, markets and AMD. The FAA and the Bush administration are killing the airline industry and damaging the economy further by first grounding everybody and then slowing everybody down to a crawl with ludicrous security measures. All they have to do now is put an FBI agent on every flight. Long-term they have to mandate appropriate training and arming the crew of every commercial jet. The global market reaction to these events will accelerate the failure of the Japanese banks. Non-performing loans are backed by securities that are valued by the purchase price not the market price. Before these events, Japan as a nation was slowly going bankrupt. Now they are going bankrupt much faster. AMD is a screaming buy in normal market conditions, but the conditions are far from normal. When Japan Inc. files for Chapter 11, they will take the DOW down to the 5000 and the NASDAQ to 1000 levels, which I have predicted for a long time. Good luck everyone. Kap