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B4 the Bell Humpday, Sept. 22, 2004


Guest yobob1

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We are truly hostage to our experience. The ones who can rise above their experience, who do not attempt to paint the current state of affairs with the colors of their limited vision, will do well. The rest will simply be frustrated as they keep looking for yesterday's events to replay themselves.

Bearbones, that is an excellent take.....

 

You guys are amazing! :) :)

 

Have a great day!

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The ugly implication of that Lucent story is that puffing earnings with layoffs has a sting in the tail, at least for companies with generous retirement plans.

 

In exchange for cutting current-year wage costs, the company gets a long string of future additions to pension costs.

 

Smells somewhat like the fixed-to-floating interest swaps at the low point for rates. The future was mortgaged away for the present benefit of option-compensated managers. Now the deferred pain is coming due.  :o

Excellent observation MH

 

So many warning shots across the bow

So few care...

 

 

Reviewing the tick action yesterday leaves me stunned.

Someone was sleeping on the buy button throughout the entire day.

Until the tick machine blows a gasket fighting the interference may be a frightening experience...

 

28 Trading days to go and power will never again be bothered with irritating elections.

 

Take Delivery

Company just keeps changing the goalposts.They offer the "to be layed off" workers a generous retirement/lay-off package in order to reduce their immediate costs but deferred to the future and when the future comes much sooner than later they cut the package offered to the retirees.Never known retirees to go on strike for maintenace of the original package :angry:

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Fanniewingohockingmoyamensing.............down------------$3.65

 

Fear the Lawnmower blade

I was told months ago by someone in an excellent position to know, that FRE was much more poorly run than FNM

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FNM has been cooking the books. Everybody knows it and now its being discussed publicly. The bigger story is that the whole BKX and XBD complex have been feeding at this trough for the last decade.

 

The only question in my mind is when these dots get connected and how much of the story ever sees the light of day.

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