GotDOCG

Homebuyer Tax Credit: Update

In the entire history of the United States there has never been an economic crisis that had its roots in residential real estate... to be sure it has always been effected, but never before the cause.. Everything that the government has implemented to date are attempts to cure a top down recession... can not work.

Immediate, realistic loan modification designed to keep people in their homes is the only solution to the free fall. Without exception, every program, HAMP included, will be failures. Lenders are still demanding that homeowners first go 60 days delinquent before they will even commence any consideration... That is a 180 point hit to a credit score... Immediately followed by the credit card issuers implementing Universal Default, lowering credit lines to just above the amount currently owed... another 40-60 point hit... The overall effect is that a once stellar "800" score has now been dropped, no pounded down to a low-mid 500 score... now how does anyone expect consumers to do just that, consume, in the numbers that are required to spur on the economy... what sort of GM car can be bought with that new found FICO score??!! Thus with these new found credit scores is it any wonder why we are now headed towards a commercial real estate crash...I

BioMed News Bytes: Dendreon, Chelsea, Cytori, Cephalon, OraSure, Genzyme, Lixte

We lose 29,000 men per year to pc... that's 58,000 plus since the "go back and do it again" letters from the DC idiots... In April the phase III results are stellar... as predicted 58,000 live ago... and still the F@#kindDA needs another 29,000 lives to grant an approval... sure is "change you can believe in"... would they have dared this sort of delay had Provenge been a breast cancer vaccine...

Ridiculous: Verizon Pays ASCAP $5M Interim License Fee for Ringtones

Verizon realized that in charging fees for the ring-tones ASCAP had a solid case; and thus paid up... your "argument" of riding around with my radio blaring holds no water... or are you charging people to hear the noise emanating from your car??!! If so, you too ought to pay up... what is it with us... we, rightly so, demand being paid for our work product... but the other guy ought to give give away... gratis!

As for AT&T, when in 1984 cell service first went commercial, it was Cellular One... $45 per month & $.45 per minute, no "deals"... service quality really depended on where you were... dropped calls were expected... we were even asked to call a special toll free number and give them a description of each of the many such incidents... it's now 25 years later and AT&T is still mired in less than third world quality service... it's offers the marvelous iPhone with the worlds worst "service"... it ought worry more about providing the service that it lies about on billboards and then deal with ring-tones, which without service are irrelevant now aren't they...

Which bodes another question... Apple entered into am exclusive contract with AT&T to market the iPhone; rightly assuming that AT&T would provide the level of service to the customers that Apple would provide directly. It does not, and can not... it is fair to assume that it knew in advance that it did not have nearly enough cell sites to provide adequate 3g coverage... isn't that a fraudulent breach of contract???.. Would not that then free up Apple to offer the iPhone through Verizon which does provide great service coverage??? The weak link with the iPhone IS AT&T...

Cramer's Lightning Round - Intuitive Surgical Confounds the Shorts (8/12/09)

ISRG... I bought this one the 1st time @$41 when I awoke in the hospital from my "meeting" with da Vinci!...
This system is the future of surgery... and Intuitive owns this market... after the initial million dollar plus cost of the equipment, each surgery requires an expense of over $1,500 in renewables... thus an ongoing repeat business... Hospital judge operating rooms in "15 minute slices "... my prostate surgery was almost 1 hr faster than open surgery, and I was home the next day, 2-3 days faster that open methods. Minimal discomfort, faster overall recovery.

Fast Money Recap: Bellwether Index Forecasts Cloudy Skies (6/25/09)

No REAL loan modification... no consumer spending... no one buys any car at any price, or anything that is not a basic necessity for survival.... back to school business will not happen...stores close...
space for rent brings in ZERO rent...commercial real estate takes a nose dive... and the "E: ticket ride continues...

Case Shiller and Moody's are clueless as to the real number of homes that have been, are and are about to be in trouble... try on
25 million for size...

It's the foreclosures stupid... it's the foreclosures...
a 50 year amortization... of a 5 year reset loan... 4% start of the EXISTING loan balance will... halt the bleeding at the banks... drop loan payments by 40-55%... stabilize the real estate market...infuse over $150 Billion back into the economy... AND put an end to the hemorrhage in real estate tax revenues...

But as the mortgage broker that Hillary Clinton "personally" blamed for the entire meltdown... what do I know...

Why Sales Estimates for Dendreon's Provenge Are Too Low

I pray that you are one of the 230,000 diagnosed with pc this... perhaps even one of the 29,000+ who die from it... please go hug a tree...


On May 18 11:34 PM Robert0713 wrote:

> $4 billion per year to keep a handful of geezers alive for a month?
> If ever there were evidence that this country has got its priorities
> totally screwed up, this is it. I'm not in favour of Soylent Green,
> but $4 billion can be put to much better use in public health. Especially
> if it's a month more in a hospice bed.

Why sales estimates for Provenge are too low

Dan...

Your treatment analysis is off... as a pc survivor, I have assisted over 900 men through treatment and recovery....AND your sales projections may too high... BUT a $1.5-2.5bn number "ain't half bad".... the real question is... how long will
it take a :Glaxo or Phizer" to make an offer they can't refuse!!!???

From information that I have, Your 1 year to market date is off... if I tell you how I know, I'd have to kill you...

Why Sales Estimates for Dendreon's Provenge Are Too Low

True... relatively few ever use the treatment... and with surgery, there is no use of hormone therapy... or ought to be none... that would be from up front and personal experience...


On May 18 06:38 PM micro wrote:

> >>Of the 230,000 new prostate cancer patients per year, roughly 80-85%
> of them will fail hormone therapy at some point.<<
>
> That's nonsense. Roughly 80-85% of them never even begin hormone
> therapy (actually hormone DEPRIVATION therapy) because they are completely
> cured of their prostate cancer or die of something else before it
> becomes a problem.