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First Cash Financial Services Inc. Message Board

  • mentges mentges Apr 24, 2000 5:46 PM Flag

    Dontanic - good call/ up 1/2 today!

    I'm not quite sure how it works, but a slowing
    economy is good for the pawn business - so said the
    president of Cash America (in their annual report). Anyway
    - with the Nasdaq tanking, and 3 trillion pulled
    out of the economy, I think we will see a lot more
    pawn shop customers. My early warning system here in
    the Silicon Valley (Anderson Chevy salesmen) tell me
    they have cancellations on a number of new Vettes from
    dot.comers who have worthless stock options. I believe that
    6 months lag between a stock market crash and a
    slowing economy is about the norm.

 
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