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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (5086)	10/5/2002 11:47:17 PM
From: X Y Zebra	Respond to of 57110

I want to sell my business and become a union rep. No stress, no risk, no investment,* way the hell more time to play golf and best of all make more money.* ... I understand p e r f e c t l y .... WHY take the risk? ... ENTREPRENEUR Main Entry: en·tre·pre·neur Pronunciation: "änn-tr&-p(r)&-'n&r, -'n(y)ur Function: noun Etymology: French, from Old French, from entreprendre to undertake -- more at ENTERPRISE Date: 1852 : one who organizes, manages, and assumes the risks of a business or enterprise RISK Main Entry: 1risk Pronunciation: 'risk Function: noun Etymology: French risque, from Italian risco Date: circa 1661 1 : possibility of loss or injury : PERIL 2 : someone or something that creates or suggests a hazard 3 a : the chance of loss or the perils to the subject matter of an insurance contract; also : the degree of probability of such loss b : a person or thing that is a specified hazard to an insurer <a poor risk for insurance> c : an insurance hazard from a specified cause or source <war risk> -------- reward = commensurate with the degree of risk. So why is it that these unions ask... no DEMAND guarantees. more and more, unrealistically so... We are ALL in for some "adjusting" The sooner one learns this the better off that "one" will be. It seems to me that in nature, things seek balance. Momentarily, sometimes things can remain "out of balance" but not for long... and right now, it seems that the world of international finance is definitively out of balance... soon things will change. economist.com Capitulate or die Oct 3rd 2002 \| NEW YORK AND WASHINGTON, DC From The Economist print edition Ronald Grant Terrified by the threat of litigation, investment banks may be forced to transform themselves <snip> An e-mail by Mr Grubman to the head of research suggests that he understood the deteriorating conditions of the companies he recommended, but could not resist the investment-banking pressure. “I wonder of what use bankers are if all they can depend on to get business is analysts who recommend their banking clients.” His legacy may be to force Wall Street to confront just this question. <snap> ______________________________