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To: TobagoJack who wrote (15012)2/13/2002 1:56:15 PM
From: Mike M2  Respond to of 74559
 
Jay, another aggravating factor to the debt situation is that much of it was used for unproductive uses like share repurchases - IBM is a great example of this. In many, other cases the debt funded malinvestments which will prove to be bad debt. mike



To: TobagoJack who wrote (15012)2/13/2002 9:56:54 PM
From: LLCF  Respond to of 74559
 
You forget.... these are the days of miracle and wonder
this is the long distance call


We don't care debt or jobs.... stocks go up anyway, I think.

DAK