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.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (1130)	5/12/2003 5:14:19 PM
From: orkrious	Read Replies (2) \| Respond to of 4908

I sure wish the market would start to see this sh*t coming. I've been short most of the last few weeks and feel like I have been run over by a train.

To: Earlie who wrote (1130)	5/12/2003 5:18:06 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 4908

Earlie--don't miss that front page article in today's WSJ i mentioned. has a nice little graphic with some of the big health care liabilities in auto and steel. here's a delicious quote from a while back--this is Bethlehem Steel's CEO talking to Bloomberg, when Bessie handed the pension keys over to the government: “I hope other companies are ready for this, because many of them, including some automakers, aren’t going to be able to outrun their pension liabilities. At some point, the great sucking sound of pension and health-care liabilities just overwhelms your ability to raise capital or invest in new plants and equipment.”