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To: Captain Jack who wrote (93150)9/22/2001 7:10:04 AM
From: The Duke of URLĀ©  Respond to of 97611
 
From Upside Mag:

Consolidation a good idea in bad times
By Candice McFarland
September 20, 2001 12:00 AM ET

It turns out that the recent terrorist attacks on the United States may help computer makers Hewlett-Packard (HWP) and Compaq (CPQ) convince investors that their proposed merger is a good one.

As business slows globally because of the crisis and impending war, analysts think consolidation will be seen as a natural step for many companies, not just HP and Compaq.

"In a tougher economic environment, you see more consolidation, more mergers," Lehman Brothers analyst Dan Niles told Reuters.

HP Chief Executive Carly Fiorina has been arguing the importance of the merger to European industry analysts this week. It is thought that if the economy continues to decline, European regulators will be less likely to stand in the way of the merger.

But both companies have been faring poorly since trading opened up again on Monday. HP, which closed the Sept. 10 session at $17.81, finished at $15.40 on Wednesday. Compaq, which closed the Sept. 10 session at $10.35, closed at $8.13 on Wednesday.

upside.com



To: Captain Jack who wrote (93150)9/22/2001 11:31:55 PM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
CJ,
If I were running the operation, I would take my time.
1.) Food appears to be in short supply. Armies don't work well without food, but politicians can't live without it. Not even the Taliban. Bomb the food depots and wait a while.
2.) Ben Laden and his followers have gone to ground. Given some time they might become bold and show themselves, or someone will trade bin Laden's location for food.
3.) Support the Taliban rebels. They appear to be located on the opposite side of the country from bin Ladin's camps. Nothing like having two fronts.
4.) Hunt down all the Taliban funds in the world and take their money.
5.) Put the man on the ground. Small fast units. Hit and run. Holding ground makes no sense. We want heads, not the country.
NW

SHIPS, PLANES PUT IN POSITION
U.S. defense officials said about a dozen more aircraft,
including refueling planes, would soon move to the Gulf and
Indian Ocean -- within range of Afghanistan -- to join nearly
350 warplanes at land bases and on two aircraft carriers.
The U.S. assault ship Essex left Sasebo naval base in Japan
on Saturday and was expected to head for the Indian Ocean. The
aircraft carrier USS Kitty Hawk, which carries about 70
aircraft, left its home port near Tokyo on Friday.
In Liege, Belgium, European finance ministers agreed to
speed up ratification of an existing U.N. resolution calling
for the freezing of the Taliban's assets.
Germany's central bank president, Ernst Welteke, said
officials wanted to investigate reports that those who planned
the attacks profited by manipulating airline and insurance
shares. He said there were also signs of suspicious dealings in
gold and oil around the time of the attacks.
Tens of thousands of Afghans have fled cities and towns,
and aid agencies in Kabul said impoverished Afghanistan faced a
humanitarian crisis, with essential supplies likely to run out
within a month after Pakistan and Iran sealed their borders.
The hard-line Islamic Taliban vowed to resist any assault
from the world's mightiest armed forces, defying a warning that
failure to surrender bin Laden would be met with retribution.
"It would be a showdown of might," Mullah Abdul Salaam
Zaeef, the Taliban envoy to Pakistan, said in Islamabad. "We
will never surrender to evil and might."
Wall Street ended its worst week since the Great Depression
of the 1930s, with the benchmark Dow Jones industrial average
down 14.2 percent after a five-day stampede out of equities.
Afghanistan, a country of rugged, inhospitable terrain, has
proved a graveyard for foreign invaders. Its tribesmen defeated
or held off Britain three times between 1839 and 1919, while
the Muslim mujahideen, or holy warriors, humiliated invaders
from the Soviet Union in the 1980s, when Moscow was still a
superpower.
((Washington newsroom 202 898-8300, fax 202 898 8383, email
Washington.bureau.newsroom@reuters.com))



To: Captain Jack who wrote (93150)9/24/2001 10:13:48 AM
From: MeDroogies  Respond to of 97611
 
Fundamentally, the US is not a warrior society...you are right.
We are, however, very protective of our freedoms, when given the opportunity to act in a manner that allows us to protect them.

The best example is the flight that crashed in Pennsylvania. Had the other 3 flights enough information about what their intended targets were or could be, there is no doubt a similar fate would have befallen all of them, potentially saving thousands of lives.

But to protect our freedoms we need leadership, vision, and unity. For years now, we have taken our position in the world for granted, and have frequently looked at the freedoms that we have with something like disdain. Now that they are threatened, rather than revel in our freedoms, many of us are prepared to give them up for more "security".

Know this now: we can NEVER be totally secure. Be prepared to give up many rights and freedoms that you now take for granted if you wish to FEEL secure. I will not approve the removal of my freedoms for something called "security".

I will undergo prudent security checks at places in which I lack the control needed to maintain my freedom (planes, public places such as stadiums, etc.). But we must be wary about where we draw the line. Are you willing to have your house searched because you were seen speaking to someone on a "FBI watch list" - even if you had no idea? What if they find some kind of illegal paraphenalia during that search that is unrelated to the search itself - are you willing to have that presented as evidence against you in an unrelated trial?

Be mindful of your freedoms, be willing to protect them along with yourself...

It is unfortunate that the airlines will receive more in this bailout than Congress has been willing to give to support the military. That is one of the choices that free societies make, however.