Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: The Duke of URL© who wrote (167323)	7/2/2002 12:32:35 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"When banks are allowed to be in the real estate business..." You think that will pass? Who has the biggest lobby...Real Estate or Banks... Jim

To: The Duke of URL© who wrote (167323)	7/2/2002 4:13:08 PM
From: John F. Dowd	Respond to of 186894

Duke: I agree with you they are much safer putting it into mortgages given their current spreads and you are correct these are not highly efficient assets. I agree that their is a qualitative cash squeeze in terms of loan liquidity because they are still trying to pay for Argentina and WCOM,Enron,dotcom. They have been raising fees with regularity. They are definitely not making it easu for the wheels of commerce to spin freely. What gets me is the the NAZ's thought that the last 5 years of MSFT's profits don't count and that they will never make another cent and that they don't have 40 bill. in the bank. This reduction of the cost of financial assets is beyond belief but the market at the moment as they say is always 100% correct but the fear factor premium is huge.JFD