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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Paul V. who wrote (63439)5/6/2002 12:35:26 PM
From: Tito L. Nisperos Jr.  Respond to of 70976
 
Paul V, the AMAT shares of Lester e doubled again although the value per share were cut in half. The next step is the doubling of the value per share, then another split and so on and on ...

He must be very happy where-ever he is...

Successful Long Term Investors have a very simple common sense approach to investing --- yet they they even are more successful than some master of economics who can just get 1 to 2 points above the returns of the SP 500 at 14.

Take my cousin for example who retired early (from INTC) at the age of 57. The first time we talked about INTC, she said, --- " Ading (younger brother), they're going to split Intel." I answered, --- "Oh, Yeah?" Two to three years later she told me again that they're going to split again and I responded with the same "Oh, yeah?" ... And so on and on... She became richer and richer by just believing Intel will split every 2 to 3 years while I struggled picking stocks using PEs and Charts!



To: Paul V. who wrote (63439)5/7/2002 11:13:16 AM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
OT *** Office vacancy climbs to 19%
Posted on Tue, May. 07, 2002

By K. Oanh Ha
Mercury News

Bay Area commercial real estate has continued to nose-dive this year, logging the highest office vacancy rates in more than a decade and causing rents to slide steeply.

The overall office vacancy rate reached 19 percent in the first quarter of 2002 -- higher than during the 1990-91 recession, according to a report by BT Commercial Real Estate.

That compares with a vacancy rate of 16.6 percent in the fourth quarter of 2001 and 7.6 percent rate in the first quarter of 2001.

Certain areas have been harder hit than others. More than a quarter of the office space in San Mateo County -- 26.4 percent -- is empty. San Francisco, with its decimated South of Market area, had a first-quarter vacancy rate of 19.8 percent.


rest of story
bayarea.com