Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Any info about Iomega (IOM)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D.J.Smyth who wrote (33606)	10/27/1997 11:38:00 PM
From: Wayne Lian	Read Replies (1) of 58324

Darrell or all, please challange my thesis. Oct 27 1997 550+ points decline signals an upcoming world wide recession! This decline is not, as assumed by many commentators, a result of Hong Kong's decline. It is more of a leading indicator of what things to come, economic things. The stock market is forward looking. In history, it predicted 7 of 9 major recessions. A track record better than most economists forcasters. Today it might be telling us about the future US economy. Japan's economy is contracting currently. Europe is going slow. Now with the Asian dynamic regions slowing down, can the US do it alone? I think these days the economies are interconnected so tightly that the US economy will also slow down. If my thesis holds, a world wide recession is coming. Then we might be dealing with a real Bear market as opposed to a correction. So far I haven't seen enough evidence to fully believe in my thesis yet. It remains a theory that can turn out to be false alarm.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next