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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Satyr who wrote (18914)4/20/1998 8:26:00 PM
From: jtechkid  Read Replies (2) | Respond to of 70976
 
does anybody know a publicly traded law firm specializing in shareholder lawsuits-it should make a fortune soon-all these companies are full of sh-- as they put spins on their companies-look at CD JUST GOT sued big time-also CPQ ---TODAY . the management are coming with awful numbers but saying i think everything allright then when reality sets investors say we were mislead. take ibm who just came out with numbers-beat the street-big deal these companies are beating estimates already revised down dramatically -they should beat the street. ibm had 2%revenue growth but they stressed that their service business was up 22% and was looking strong. my point is thats their lowest margin business where their higher margin just about had negative growth and their tax rate was down from 35% to 32% this quarter. my point is if you are not sophisticated and just looked at the numbers you would think everything was great but the facts -they missed the street -estimates were already lowered -like amat-they should easily be beat-strongest growth was their lowest margin business while their higher margin had significant decline in revenue-read between the lines. i mean if this market for whatever reason takes a hit i believe these companies are not being upfront with their numbers. another scenario -japan market goes to hell you will major selling of us treasury by japanese and yields will have to go high enough to atrract buyers where the stock market will not look good. ---i think lawsuits will increase significantly in the coming months.



To: Satyr who wrote (18914)4/20/1998 8:43:00 PM
From: Adam Nash  Read Replies (2) | Respond to of 70976
 

The side that nobody mentions is that if SS was done away with so would be your inheritances. Your
parents would be forced to spend all that money you'll wind up inheriting to live their remaining
years. And God forbid they may even have to move in with you depending on their financial state.
That's what your SS dollars buy. FREEDOM for you and them!!!!


What world do you live in where SS cover a retiree's expenses? Why do you think a program for direct transfer of funds is better than investment?

SS is a lie. I do not have a 31% tax rate. I have a 38% tax rate. My SS dollars will never come back to me. People get so caught up in the stock market - if I invested even my 7% (forget my employers!) a year in SAVINGS BONDS I would have more money in the end.

I do not understand why we don't just admit that what we need is a program for seniors with no money. Make it part of income tax, much lower of course, and just forget this concept of the government providing for everyone's retirement. The gov't should be a safety net, not a big bird net over everyone's savings.