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

To: Giordano Bruno who wrote (163822)	5/4/2002 2:16:33 PM
From: Les H	Read Replies (1) \| Respond to of 436258

Cisco represents 68 % of the market cap of telecom equipment sector businessweek.com

To: Giordano Bruno who wrote (163822)	5/4/2002 5:01:17 PM
From: ild	Read Replies (1) \| Respond to of 436258

Foreclosures are rising when RE prices are falling. With RE prices jumping 20% a year we should have NO foreclosures at all. Why default if you can sell for profit?

To: Giordano Bruno who wrote (163822)	5/5/2002 2:46:02 AM
From: Bill/WA	Read Replies (1) \| Respond to of 436258

j, from the article: <<The Department of Housing and Urban Development, Fannie Mae and Freddie Mac have caused most of the change, housing experts say. Believing that many delinquent mortgages can be saved, the three institutions have given banks, which service many of the loans, a variety of financial incentives to work out new terms and avoid foreclosure.>> huuummm...wasn't it CSCO and the rest of the tellacom suppliers that told the customers, "Look, we'll provide ALL the financing so you can say you bought the $hit, we just REALLY need to book the SALE!!" Bill/WA