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

To: Maurice Winn who wrote (13767)	1/21/2002 5:46:06 PM
From: AC Flyer	Respond to of 74559

>>But two years on, we are stable and a LOT of cleaning up has been done.<< Case in point. Exodus Communications. Succeeded in vaporizing ~$4 billion in debt and equity financing in about, oh, 3 years. But - assets of Exodus just sold to Cable & Wireless for ~$750 million. Exodus infrastructure (internet data centers) still in place and providing services to customers. Technology revolution continues, too bad for the original investors/lenders. exodus.com

To: Maurice Winn who wrote (13767)	1/21/2002 10:54:59 PM
From: LLCF	Respond to of 74559

<I decided, way back then, that it would not happen because my idol, giver of life and maintainer of civilisation and reason, Alan Green$pan, would print a big stack of money and lower interest rates and do it in a timely way and save the world, by using financial relativity theory to dilate time, stretch the measuring stick [the $] by changing the Gravitational Constant so that the debt event horizon shrank down to a less threatening level. He did!> Ughhhh! Ironic that your previous paragraph mentioned Hitler and other unthinkables as you chronicle the German central banks 1920's policy in this one........ :( DAK