SI
SI
discoversearch

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.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (138265)9/14/2004 7:44:29 PM
From: M0NEYMADE  Respond to of 150070
 
They're doing the right thing,,,why risk being one of those dupes sitting on the rooftop waiting for a rescue. (hey over hereeeeee!)



To: Taki who wrote (138265)9/14/2004 8:41:15 PM
From: Buckey  Respond to of 150070
 
TAKI
The economy at this rate of Hurricanes is not going to be bright,as in the later months the impact will be felt

I lived through both a Cat 3 Hurricane last year that knocked out our power for a week and a Blizzard that litterly ground everything to halt for 4 days. Nothing happened during the blizzard 4 days and the aftermath was non eventful as we resumed life.

However, the Hurricane was very destructive and in an ironic way was actually quite a boost to the economy. WE had hotels chock full of adjusters and restoration people from abroad. Roofers are still backlooged a year later. Movers and anyone with storage for damaged goods were insanely busy. Flooring, ceiling, drywalling, painting and electrical companies all saw big boosts in sales. Fencing companies flourished in the spring. Siding companies were very busy. Retail stores also profitted from all the new items being bought to replace the damaged items.

And arborists, trucking companies etc etc etc.

Grocery stores were down for a few days but everything frozen or refridgerated neeeded to be replaced including many condiments.

The 50 year hurricane was acually a boost to the economy. I know my sales likely got a 10-20% shot in the arm. Nobody wants it this way but in light of a devasting situation it created work and stirred the economy.

Certainly one can argue the downsides but overall from purely an econmic POV it was a positive - Sadly