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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (86572)8/22/2007 1:52:50 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
we had a LTCM collapse and an asian contagion in the 90s too.

The funny thing is you are saying I can't see the big picture, from this thread.

This thread thinks florida is the center of the US economy. FLA is even LESS a center of the US economy than California. California is between the 5th and 7th largest economy in the world depending on how you calculate it, either before or after France. If California doesn't experience a real estate crash, but FLA does, you think FLA is going to win this tug of war?

Come on.



To: Think4Yourself who wrote (86572)8/22/2007 4:53:47 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'Let's put this in perspective using Revenue

CSCO: 35B
GOOG: 13.4B
RIMM: 3.5B
AMZN: 13B

Total 64.9B'

HPQ another one that has done good. But then look at INTC,MSFT,AMAT,MOT,AMD,DELL,SUNW basically most semi's storage, fiber, wireless are much closer to the 2002 crash lows than all time highs and I have to question the notion happy days are here again. The truth as usual is somewhere in between on tech.. Not enough to support home prices in this downturn IMHO..