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To: Bill Harmond who wrote (138397)2/3/2002 10:25:29 PM
From: GST  Respond to of 164684
 
Its not a very attractive part of the island to be sure, but that is not to say they didn;t live well. Black Point is the top end -- houses in that part of town at the peak of the market changed hands for as much as $60 million. The same property today would probably fetch $15 million. Stock markets are not the only things that experience bubbles.



To: Bill Harmond who wrote (138397)2/3/2002 10:27:11 PM
From: GST  Respond to of 164684
 
"Gates, co-founder of the world's largest software supplier, said that corporate capital spending cuts and a glut of excess capacity in hard-hit sectors such as telecommunications may keep the economy moving sideways through the rest of 2002."
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