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.

Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (881)	8/15/2007 2:13:31 PM
From: michael97123	Read Replies (2) \| Respond to of 9129

Hey C2- Because its in derivative form, the fallout will be widespread but manageable as long as the fed keeps the spigots open. This is not like previous credit crunches at all as economy in fine shape. As for those folks who lose their homes, theynever had credit anyway and will just go across the street and rent for better than the old mortgage price. They will end up with more purchasing power not less, thus a solution for Walmart. Someone on cnbc said that fed needs to be buyer of prime mortgages to defreeze the entire mortgage market which is locked up. Right now money to banks to keep rates down but banks on lending strike in RE. I suspect you disagree.