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


To: Maurice Winn who wrote (27923)1/26/2003 8:23:00 PM
From: marek_wojna  Respond to of 74559
 
I'll give credit to QCOM. So far they are on my survival list. MSFT will not go belly up. B.Gates Cascade knows very well where to invest ahead. When it comes to overall outlook time will show, IMO money flows are surging toward Far East and hard assets. US depends on net inflow and is much harder to attract them now than before. Stagflation is matter of time only and that might drag for a long time to come. Being honest I don't see one reason why anyone would put money into US$ denominated assets. What is still holding dollar from the free fall - interventions by the Central Banks and only them. Lately even Citi Group gave up on the dollar. United States CANNOT afford higher interest rates without putting themselves into internal chaos. While weak dollar will eventually help exports the process will be long and painful. Modern factories and high-tech facilities are growing like mushrooms but on the other side of Pacific, and even 100% American companies are shifting toward the East.



To: Maurice Winn who wrote (27923)1/26/2003 8:42:29 PM
From: LLCF  Read Replies (2) | Respond to of 74559
 
<What might surprise a lot of people is that Globalstar under new owners actually does very well indeed. >

As someone who's opinion I regard highly on the subject, could you comment on G*'s mkt cap vs market, etc and hence valuation of the company? Thanks.

DAK



To: Maurice Winn who wrote (27923)1/27/2003 12:10:46 AM
From: Ilaine  Respond to of 74559
 
Hi Mq - when we bought our house in 1999, interest rates were 7%. We've refinanced twice and our present interest rate is 6%. I think we're going to do it again at 5.5%.

Another thing we did was pay off debt so, except for the mortgage, we don't owe anything.