BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: Eugene Kislenko who wrote (6809)	10/23/1997 6:36:00 PM
From: Paul Corbett	Read Replies (1) of 10836

hi eugene.. hope you are happy with the Q2 results. I am I was going for 5 cents and got 3.8...I would like to be so close every time!! " Only couple of things - I don't see anybody really looking at gold as "safe haven" anymore." true "As to sell off in HK - so what? Money will flow somewhere else. Maybe some in Europe and some here." this is very difficult. The DOW fell 188 points the day after the Hang Seng fell 15%. It seems there will be some effect. For example HK investors will need to liquidate their US holdings for liquidity. However a 15% fall in the Hang Seng should only translate into a 2% fall in the DOW. "As to stocks plunging - you are right again. I can only see last opportunity for anybody to buy BORL (and alike) at bargain price (under $10.5)." true.it is always time to buy stocks for the long term when the market has a down day. "Another hint - look at the currencies markets - they are NOT much more volatile than they where before, therefore I don't see any real danger now." wrong here the currency markets were off first leading to selloff in equities...Thai baht is off 35% since June with Indonesia,Phillipines and Malaysia almost as bad. The Hong Kong situation was delayed as the Hong Kong dollar is directly tied to the US$ but eventually even tied exchange rates must fall. In Europe there will be more volatity dur to posturing before the EMU comes into action. THe German reunification is costing the German Government a fortune and they have to borrow heavily and this is pushing up rates. expect more volatility rather than less...BTW you can take advantage of it by trading currecy futures. I was talking to one guy who made a fortune out of shorting the baht..which just proves fortunes can be made very quickly even today happy investing from one True Son of Borland to another Paul

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