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To: reaper who wrote (174078)6/20/2002 11:49:24 AM
From: TheStockFairy  Read Replies (1) | Respond to of 436258
 
Ah, the roaring 90s. A company in every garage and a BMW in every pot.

Personally, I don't think the future is that bright, then again, I'm in telecom <ng>



To: reaper who wrote (174078)6/20/2002 11:57:30 AM
From: ild  Respond to of 436258
 
Reaper, is PLCE coming into buying range?



To: reaper who wrote (174078)6/20/2002 12:05:19 PM
From: ild  Respond to of 436258
 
<<<as long as people think that the future is so bright, they will keep borrowing money to spend and assume they'll make it up later.>>>

Reaper, what's your take on when this will reverse (I'm sure it will) and what will cause this reverse?



To: reaper who wrote (174078)6/20/2002 2:43:30 PM
From: Tommaso  Respond to of 436258
 
Borrowers and lenders alike seem to be forgetting that the important part of any loan is called "principal" for a good reason.

I think that it's going to have to be the institutions that fold, because for a bank, bankruptcy means nonexistence, whereas it's just a phase of life, or will be, for a lot of individuals.

I guess that's what I think, since I am holding puts on JPM and FNM.


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