[TommyJefferson]

This morning I called the Mastercard 1-800 help number on the back of my credit card and got quite a surprise. The number on my card is 800-MC-ASSIST

I accidentally dialed 800-MC-ASISST Eeewwww. Don't try it.

[katkinkate]

Are you gonna tell us what happened?

[MD]

Of course he isn't. He wants everyone else to call the number.

[MD]

It's a "wet paint" sign.

[katkinkate]

But he told us not to.

[PenultimateManStanding]

$this->bbcode_second_pass_quote('katkinkate', 'B')ut he told us not to.

[Cerberus]

Is it the way out the matrix?

[eastbay]

I ain't dialing that number. I don't want it in my phone records... lol... whatever it is... ha.

[J-Rod]

$this->bbcode_second_pass_quote('PenultimateManStanding', '')$this->bbcode_second_pass_quote('katkinkate', 'B')ut he told us not to.

[greenworm]

Anyone attempting to ride this train?

PROS:

More and more people fall into debt as the cost of energy rises, "oh look I'll just use my credit card for gas". Inflation is pretty real right about now.

Solid growth without the above to be considered.

Commodity stocks could use a day off.

Lot of volume on the Burger king/Vonage ipo despite the fact that neither can compete with Mastercard in terms of future growth. People itching for a Chipotle in a big way.

CONS:

Talk of law suits pending as this is more than likely the reason for going public.


Any thoughts?

[pup55]

I don't care either way, but if Cramer were here, he would take care to note whether or not these IPO's were in big demand, or whether they were "flat" or went down.

Reason: it would be an indicator of whether the overall market was at a top or not.

Marketwatch

Here is the answer. All three went down after the IPO. The overall market is weak.

[greenworm]

I am not concerned what it will do in the future, only today. Cramer leads alot of people to slaughter, he kept pushing resource stocks while the cliff began, not a great way to build a fan base. Both vonage and burger king were profitable the first day as a day trade.

[greenworm]

She broke $44

[greenworm]

The bugger is loosing steam, I'm out with a 7% gain.

[max_power29]

Why did they go public? I thought they were richer than the Nazis.

[Cynus]

Gee, I wonder why so many people are using their credit card?

http://news.yahoo.com/s/ap/20070502/ap_ ... stercard_6

NEW YORK - MasterCard Inc., the world's second-biggest credit card franchise, on Wednesday reported favorable currency exchanges and stronger use of its brand overseas led to a record first-quarter profit.

The Purchase, New York-based company said profit for the first three months of the year rose to $214.9 million, or $1.57 per share, from $126.7 million, or 94 cents per share, in the year-ago period. Revenue climbed 24 percent to $915.1 million from $738.5 million.

[kochevnik]

Another canary. Gideon has it pegged - they make a LOT more money when people are late in paying their bills. This is an indicator that a LOT of people are getting severely hard up.

[ColossalContrarian]

$this->bbcode_second_pass_quote('kochevnik', 'A')nother canary. Gideon has it pegged - they make a LOT more money when people are late in paying their bills. This is an indicator that a LOT of people are getting severely hard up.

[Newsseeker]

Gasoline: 50.29 Cheez Doodles: 3.95 The chance to enter into debt slavery: Priceless

[dukey]

we are already in debt slavery
we have a debt based banking system