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Re: Softechie post# 44188

Monday, 11/11/2002 5:58:12 PM

Monday, November 11, 2002 5:58:12 PM

Post# of 704041
EDIT:
Nevermind, I should have looked before posting:

OMG Think about deflation my friends. No pricing power and debts must be paid. Demand ain't there and can't raise prices for products. Per Stephen Roach deflation is the most damaging to a high debts economy. That's why Fed must and will again lower rates...all the way to 0.50%.

High debts companies will be in deep doo-doo next 2 years.


Softie,
I missed your reasoning on why stay away from OMG. Could you elaborate or point to a post that elaborates? Thanks, gl


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