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.

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

To: yard_man who wrote (193046)	9/20/2002 5:50:06 PM
From: orkrious	Read Replies (2) \| Respond to of 436258

UFB. What a bonehead. I liked this part the best: MASSAR: What happens, though, if you have rising rates? We're also continuing to see rising unemployment and the job picture doesn't improve substantially. That could certainly put a dent in your business, no? GROSS: Great question. And we're operating in an environment where you actually have, as the economy is weakening, you have interest rates going down. So this is a very good environment for a homebuilder because we're working in a buffer. If the economy weakens, interest rates go down, our product is more affordable. If the economy strengthens, more job creation, higher consumer confidence, it's good for people wanting to buy a home. So we're operating in a nice buffer, today.