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To: Lizzie Tudor who wrote (153900)3/3/2003 1:23:07 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Do you understand the role of Turkey in this conflict? It is far more than an issue of "using" Turkey as a place to drive through on the way to Iraq. The issue is the relationship between the Kurds and Iraq and Turkey -- the issue is the prospect of "civil wars" in the region that could last years and involve very high stakes.



To: Lizzie Tudor who wrote (153900)3/4/2003 10:23:33 AM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Buffet on overvalued stocks:

We continue to do little in equities. Charlie and I are increasingly comfortable with our holdings in Berkshire's major investees because most of them have increased their earnings while their valuations have decreased. But we are not inclined to add to them. Though these enterprises have good prospects, we don't yet believe their shares are undervalued.

In our view, the same conclusion fits stocks generally. Despite three years of falling prices, which have significantly improved the attractiveness of common stocks, we still find very few that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.


Read the whole thing in Fortune magazine:

fortune.com



To: Lizzie Tudor who wrote (153900)3/4/2003 1:58:18 PM
From: zonder  Respond to of 164684
 
we didn't use turkey in desert storm.

Are you for real?

Please check where the bombarding planes took off from. Google is your friend. You might like to use the keyword "Incirlik" - that is the name of the US base in southeast Turkey that was most commonly used in the first Gulf War.



To: Lizzie Tudor who wrote (153900)3/5/2003 10:31:40 AM
From: zonder  Respond to of 164684
 
Lizzie - re: "we did't use turkey in desert storm"

From today's International Herald Tribune:

It wasn't always this simple. Twelve years ago, the Turkish people overwhelmingly opposed their country's involvement in the Gulf War. But the government, led by the charismatic Turkish prime minister Turgut Ozal, thwarted the popular will and practically destroyed itself in complying with America's request. Several cabinet members resigned, and Turkey's economy went into a tailspin.

iht.com