Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6465)	7/31/2001 11:14:38 PM
From: Ilaine	Read Replies (1) of 74559

Hi Jay- >>Out where I am, we have plenty of small companies selling for 2 times earnings<< Don posted something a link to something from the Japan Times that made me think of you: japantimes.co.jp A very favorable review of the Chinese economy, written by none other than Kenichi Ohmae, author of "The Invisible Continent." I am wondering why, if the Chinese economy is so strong (and it is) the Hong Kong stock market is tanking? Can this be affecting your perceptions? >>The pool of money was poisoned by unsupportable debt in the private sector<< Grace's point is that this isn't true for all sectors of the economy.

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