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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (12495)6/18/2008 10:54:04 AM
From: Mao II  Respond to of 12662
 
Well, as Jimbo always sez: On the one hand; and on the other.
M2
PS a 30 percent drop in the SPX is certainly conceivable, in my opinion. If there is a nasty recession, that could easily bring commodity prices down. Or if something less portentous comes along to let some air out. While I think there is a secular rise, it has been exacerbated by speculation. Thats the danger, as we've seen repeatedly in the last decade. M2



To: Paul Senior who wrote (12495)6/18/2008 2:50:14 PM
From: Mao II  Respond to of 12662
 
Thornburg Mortgage, the jumbo mortgage lender that lost $3.31 billion in the first quarter, said on Wednesday it has received subpoenas from U.S. securities regulators and its survival remains in doubt.
...
cnbc.com