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Abbott Laboratories Message Board

  • pershing83 pershing83 Nov 29, 2002 9:50 AM Flag

    Strangers on our board

    Who are these strange posters...ID's all new and profiles give no clues. I do believe they should step up and give the board regulars at least a head's up.

    The General

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    • KiKi,

      You heard wrong. BMW is losing money on each car, but to limit their losses, they are trying to sell less cars.

      Lib

    • Newby,

      A lot of people have done that. I don't know how it works out for them. First off, it makes you a landlord, which is only a good business for some people. Second, you are at the mercy of housing prices to make money on the deal. Third, your mortgage payment will probably be higher than rent would be. I understand the tax advantages etc. It's not something that would interest me, but maybe if you run the numbers and it works out, it might be worthwhile. Personally, I'd rather pay rent to someone and not screw around with it. But some people like being a landlord and having their property trashed by a bunch of beer guzzling college kids. Of course your kids would never do that, but other people that rent from you will.

      Good luck.

      Lib

    • Newby,

      And don't buy near the ghetto. People lost their shirts there in Cinti after the schwartzen rioted there.

      Colleges do not accept a house as a proof of State residency either, and charge the out-of-state tuition regardless.

      No such thing as a free lunch, Kiki

    • Newby

      With mortgage rates as low as they are, it's possibly a good idea. Beware that if the rates go up 4 years hence, real estate will be harder to sell at a profit: You might just brake even after the RE commission. The first year in College, students are usually required to stay at the dorm.

      Just a thought, Kiki

    • Lib

      I heard BMW is losing money on each beamer sold, but is making up for these losses with higher volume. Any truth to these rumors?

      What is good for BMW is good for Germany fer sherr!


      Buonanotte, Kiki

    • Newby,

      Everyone does that here...ie Vanderbilt. There is a thriving market of parents buying and selling houses and condos all around the campus. I thought many schools require the students to live on campus for at least awhile.

      Some got drunk and burned an apt bldg down a few months ago.

      Persh

      Persh

    • Lib,

      Wow, passing up a free gift, who would ever think that!! College funds not an issue, brought state bonds that pay tutition a long ago for them all.

      Lib, what do you think of this? Where the kids go to college, thinking of buying a small house in the town, where they can live, maybe rent a room out, help pay for the mortgage, When finished, sell the house, make some money. Sounds good to me.

      Newby

    • Newby,

      I appreciate the gesture of you buying me a gift with your Abbott profit sharing check. But since the market has gone from 7300 to 8900, my net worth is in much better shape, so I don't need the money anymore. Besides, with the improving economy and low interest rates, BMW sales are better. Why don't you put the money in a college fund for your kids instead. That way they won't be sponging off the government when the time comes.

      Have a good weekend Newby.

      Lib

    • Lib,

      As I mentioned in an earlier post, he's spamming. I said we wouldn't hear from him after the market closed, he did post shortly after it closed, probably cleaning up his mess, since then he's not being paid to do what he was doing since he's on his own time now.

      I was going to buy you a present with my check.

      Newby

    • Persh & Newby,

      Some of the new posters are fine. I like Jas. Don't ride their asses. Sometimes the board needs new life. Don't get set in your ways just because it's a change. Besides, some of the posts are on topic and you know I like that. Newby, I think you should give Jas your profit sharing check since you were being mean to him.

      Lib

      Lib

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