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

To: Ramsey Su who wrote (12449)	1/2/2002 1:00:15 PM
From: Baldur Fjvlnisson	Respond to of 74559

Ramsey, I think it might be a BAD OMEN in this environment when history's largest bankruptcy happens, wiping out the life savings of thousands. Remember, everyone plus all the world's dogs pushed Enron at $50-80. It was a major Wall Street darling. Now; what supposedly is "regulating" this mess just said "We didn't understand Enron." Okay, but what's the shape of this market when the so called "police" is totally clueless? How many nuclear fraud bankruptcies of concept companies are waiting to go off?

To: Ramsey Su who wrote (12449)	1/2/2002 1:24:07 PM
From: LLCF	Read Replies (1) \| Respond to of 74559

<Take Europe as a whole, I just don't see how their work attitude is going to remain competitive. 30 hour work weeks and 5 weeks vacation per year may be great for the citizens, but when you have 28 days work months and practically no vacation for billions of workers on the other side of the earth. > Good point except what matters is not the static... the stats right now, but the dynamic, where we're going. I think there is a lot more room for europe to gain productivity than here where third world wages and work hours already prevail in many areas. DAK