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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6339)1/28/2004 12:50:02 PM
From: Roads End  Read Replies (2) | Respond to of 110194
 
The trend in appliances is similar to computers. The price of a refrigerator we once knew in 1990 would be lower in 2003 but consumers wouldn’t buy that technology any more than they would buy a 1990 PC. Instead we have typical American overkill. Have you priced the dot com equivalent in washers and driers? It’s not unlike the soccer mom using the Hummer to pick up the laundry.