mr money man

American Express: False Sense of Security?

ahhh finally some one with some sense i like this guy, but like i said if i would have just read the report i would be agreeing with you. but being that i am a player in the field of the major corporate giant i am sure the write down will decrees not only that amex has allot more deals on the table for the future. remind you those are the remainder major write downs i am not saying their all done but what i am saying is they will go down from those numbers your seeing. also your only comparing the write for q4 and q1, witch is what most smart people would do, but when q2 comes out then you will see what i am talking about. the company is well prepared for those write downs and new what was ahead way before the all it competitors. expect to see less write downs and trust me the stock will go up compared to other major company the write downs are nothing. please write back i just found this site and i like talking to smart people just to get their views who knows one day you might help me with some thing i am not seeing...