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Technology Stocks : Spansion Inc. -- Ignore unavailable to you. Want to Upgrade?

To: blind-geezer who wrote (3551)3/14/2008 4:02:04 PM
From: PChips  Read Replies (1) | Respond to of 4590
 
this market is brutal ...

this stock is headed below $2! they have d/e ratio of .86 that is a lot of leverage when the economy is weak and demand is weak. they will have margin calls, just like most of us. forget about making money for spsn, they should be glad if they can service the debt and pay their employees.



To: blind-geezer who wrote (3551)3/14/2008 5:47:23 PM
From: bobs10  Read Replies (1) | Respond to of 4590
 
you:

are you staying afloat ???
this market is brutal ...

me:

Yeah, I'm ok. Things are probably going to get worse before they get better. My standard measure of just how stressed out people are is how they drive, and right now it's a zoo out there. I've never seen such aggressive driving, and for what? It certainly doesn't do the gas mileage any good to drive like a maniac.


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