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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (43483)	12/19/2002 7:06:28 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Even the markets in Iraq are expecting the fall.. The bull market in Iraq.. <<What had driven November's bull market, Abu Zaki said, was that Iraqis had discovered "underlying asset value" in everything from the dismal, concrete-block hotels in Baghdad that have been empty for years, to fisheries on the Tigris and Euphrates that sell their catch at rock-bottom prices ? just the sort of businesses that might boom if Iraq found itself under a government that ended its estrangement. It is, of course, possible that investors now crowding the exchange see the United Nations' renewed search for banned weapons as a way for Iraq, and Mr. Hussein, to escape the economic cul-de-sac in which it has been trapped for two decades of sanctions and war. If inspectors and outside intelligence turn up nothing, the country and its ruler could be free of the inspections, and of sanctions, as early as next fall. >>