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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (141880)	1/6/2002 12:06:57 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

thisislondon.co.uk

To: Earlie who wrote (141880)	1/6/2002 2:24:52 PM
From: ild	Read Replies (4) \| Respond to of 436258

Earlie, Ominous event: Linux on desktop. Today in Fry's ad: PC for $299 with Linux instead of Windows. And this computer not just Micro$soft free. It's Intel free as well. It's powered by 733MHz Cyrix III GigaPro processor. The CPU is made by VIA and is becoming pretty popular in China and India.

To: Earlie who wrote (141880)	1/6/2002 3:18:53 PM
From: NOW	Read Replies (1) \| Respond to of 436258

but ya gotta say, "god bless the american consumer"....lol

To: Earlie who wrote (141880)	1/6/2002 8:25:06 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 436258

Earlie,..And with the long end of the debt market nudging up....... I am dense, what is going to cause the long end to nudge up? You seem to be saying that money will be moving out of the long treasuries. Are you saying the sellers will be taking on more risk or that foreign holdings will be taken home, or ....? Joan

To: Earlie who wrote (141880)	1/7/2002 9:33:41 AM
From: John Madarasz	Read Replies (1) \| Respond to of 436258

As far as the consumer is concerned, once thr re-financing game slows, it should be all over but for the crying. Earlie, here's an interesting snippet from what appears to be Mr. Moto's last commentary. I'll miss his valuable insights... I've added the bolding to the text. "Last week, the Mortgage Bankers Association's Refi Index declined by 38%. The effect of the decline in home mortgage refinancing on the M2 money supply has been substantial. Data also show that applications for mortgage refinancings have plunged about 54% during the four weeks ended December 21st, compared to the prior four weeks. The MBA's market composite index of mortgage loan applications -- a measure of loan purchases and refinances -- for the week ending December 28 decreased 39.9 percent to 329.6 on a seasonally adjusted basis from 548.2 the previous week. Franklin Raines, Fannie Mae Chairman since 1999, in a Singapore conference on October 29th, sounded much like stock analysts did prior to the meltdown beginning in the year 2000 or federal budget analysis from the Treasury Department then and shortly thereafter. Mr. Raines stated, "Four drivers of housing investment and mortgage demand -- household formation, homeownership rates, home appreciation and the leveraging of home values -- look strong for the rest of the decade. Mortgage capital in the United States, now $5.4 trillion, is expected to double over the next decade to $11 trillion - $14 trillion."" Thx for the great thoughts and commentary. Happy New Year, JM