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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Debt Free who wrote (2889)1/6/1998 2:10:00 PM
From: Zeev Hed   of 4697
 
Doug, I do not think that Mexico and Asia are the same, Mexico had not too many assets write downs, in Asia a lot of the assets will have to be written down, capacity taken off line and a major recession and wringing out excesses out of the economy. I would say the bottom there may happen in about a year and in about sixc months the market will start to anticipate the bottom (and the fact that the impact on US comapnies will not be atrocious).

Zeev
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