Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.52

-4.9%

Dec 12 9:30 AM EST

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To: Jess Beltz who wrote (4852)	2/15/1998 9:36:00 AM
From: Zeev Hed	of 10921

Jess, I believe I have read somewhere that 30% of the Indonesian debt is "owned" by Japanese banks. They will do whatever they can not to have to recognize the "badness" of these debt until after they close their books on March 31. As for Indonesia itself, it does have an importance to world trade because major trade routes for shipping passes through the islands. If the country falls apart, the current minor sea piracy that is present in the South China sea will develop into a main problems over these shipping lanes. This will then require military presence in those lanes and that will drag the US and other nations in actual policing operations there. I think that if they do not straighten out the mess, their currency could drop to 30,000 to the dollar before it stabilizes, and this could completely eradicate the corporate infrastructure they have. If this first domino falls very hard, the others in the rim could be dragged down again. I see a real danger of funadamentalism spreading to the Muslim parts of the rim if the economic hardship becomes much more severe than it already is. Zeev

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