To: Bonnie Bear who wrote (4543 ) 1/22/1999 8:34:00 PM From: James F. Hopkins Respond to of 99985
Hi Bonnie; I had some one else ask me about China, and then hear rumblings on the news. And it looks as if the investment bankers have got things so leveraged up that when anything any where goes wrong we get in trouble, well we may have a Break down before it's over. ------------------ As for MSFT and such, well as far back as I can remember any one big enough could get away with any thing they wanted. If MSFT didn't exist there would be something in it's place. The anti trust laws, and in fact most laws are just for the little companies and peons. Justice to the highest bidder, ought to be printed on our money, so people would know from the get go where they stood. ------------------------ Recently A few small caps have had their day in the sun, while they didn't make many new highs the run from Sept until last week was better than most think, but that could be over already. ----------------------- Some more bad news may follow next quarter, as some bigger name companies will have to restate their earnings.biz.yahoo.com Taht is just the tip of the iceberg, and it's long over due, as far as I'm concerned. The filings have gotten so much window dressing in them that doing FA on a company by reading their 10q , reminds me of the time that I had to fly on Nigerian Airways plane. None of the Nigerians seemed to be concerned, but then they were not use to flying on planes that actually had the seats bolted down, and all the engines working. <G> -------- Seems when France or England wear out a plane so bad that they can't fix it any more they sell it to the Nigerians. Half price an no money down , & all they want is 40% interest on the balance, you can miss payment on the principal just be sure to pay the interest. We think we got it tough with our national debt, you should see what they did to Nigeria, ( AND BRAZIL ) Nigeria stands out more in my mind because she is actually so rich in oil it's hard to understand how deep in debt she has got to Mother England. Jim