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To: Cynic 2005 who wrote (8510)10/13/1998 12:28:00 PM
From: IceShark  Respond to of 86076
 
Saw an interesting ad on TV last night. A check cashing outfit is taking postdated personal checks for cash now. Don't know what vigorish they are charging, but this seems like a surefire way to sink those that are most at risk.

From a legal standpoint, I would guess a check writer could get tossed in the hooskow for knowingly passing bad paper if they don't make good, which is a pretty strong incentive to pay up. Plus, most of the currency exchanges in this neck of the woods are tied up with them bent nose boyz. Another darn good incentive to pay up.

Who are these morons that say credit is drying up? -g-

Regards, IS



To: Cynic 2005 who wrote (8510)10/13/1998 8:48:00 PM
From: Joseph G.  Respond to of 86076
 
Guy been smoking something good:
<<Cisco CEO John Chambers, speaking at Gartner Group's Symposium ITxpo 98 conference in Orlando, Fla., said current projections for the growth of electronic commerce were ''way too conservative ... by about five to tenfold.''

Chambers was speaking about market research that puts electronic commerce at $200 billion to $300 billion in 2002.>>

Or maybe not, maybe he's just a paid shill that he is?

<<But, although he made a rosy long-term forecast, Chambers declined to comment directly on short-term business trends at Cisco and whether he was seeing any sign of a slowdown in corporate technology spending in his own business.>>