To: safeasthebanks
I work for one of the other major builders. We'll be reporting a big decline as well come year-end (Nov 30 for us). Thanks for the honest reply. Lots of deceivers around and people who don't do their research are going to get burned -- badly.
10 posted on
11/07/2006 8:10:45 PM PST by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
As long as it is not a multi-year trough,the majors actually benefit from these downturns (if they play it right).
They can swoop in and buy any decent land for a bargain basement price from the small to medium sized outfits that are cash strapped
And so it goes.....
14 posted on
11/07/2006 8:14:30 PM PST by
safeasthebanks
("The most rewarding part, was when he gave me my money!" - Dr. Nick)
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