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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (23827)	10/4/2002 1:16:05 AM
From: LLCF	Respond to of 74559

Buy AMR and UAL bonds for pennies on the dollar... I've got a few down here :) DAK

To: energyplay who wrote (23827)	10/4/2002 1:46:33 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi energyplay, <<guess - the dock lockout/ strike get resolved about the middle or late next week>> I agree that resolution will be soon. In any case, I have checked with a few manufacturers and it seems that the majority of Christmas/New Year's orders have been shipped to the US already. <<bailout to the airlines>> ... a tough choice. When a Chrysler is in trouble, and GM/Ford healthy, a bailout decision is easier. Now, a whole airline industry is in difficulty, primarily due to over-capacity relative to recession struck demand levels, and so some company must go BK, leading to reorganization, clearance sale, and some other company going BK, ... complete stomach pumping and deep cleansing. I believe a bailout under these circumstances in the US leads to Japan 1990, and hints at Argentina 2002. But, then again, come to think of it, this is a part of the Script of Collapse;0) Chugs, Jay