All About Sun Microsystems 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.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (18011)	7/21/1999 11:38:00 AM
From: Alok Sinha	Read Replies (1) of 64865

From what I can gather speaking with finance folks in SE ASIA, the real economic recovery has been a lot slower than the stock markets in that region. So it is not unlikely that the financial markets in that region could falter. International banks did not lose a lot of money there, (due to intervention by IMF), but the positive aspect of the restructuring in Korea / Thailand has been that those economies are not levered as much with hard currency debt financing unsustainable growth. Hong Kong or Chines devaluation could upset the apple cart, but fundamentally the region is in a better shape to weather the storm. Sep / Oct has not been a good time to be fully invested in the market the last few years - I expect some hiccups again. You can see the buy on dip philiosophy at work again today. When valuations get as out of line with fundamentals as they are today , sell-offs like yesterday occur with increasing frequency (for no good reason). Any negative catalyst can take the market much lower. Regards Alok

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next