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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (19220)9/18/2001 6:31:54 PM
From: JRI  Respond to of 52237
 
Yeah, there is a bit of 1+1=3 effect too here...its not as simple as the loss estimates from insurance, airlines, etc.....you've got the gvt. BAILING out the airlines (so, in essence, a double-hit of sorts....not just some companies spending their cash on recovery...airlines had no cash-for long)....

Also, dollar effect, possible collapse of consumer confidence, security costs (pretty unproductive use of capital if you ask me)....enormous, enormous costs going forward.....