Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.74

-1.7%

1:14 PM EST

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To: james who wrote (9540)	10/25/1997 2:46:00 AM
From: orson sanderson	Read Replies (1) of 70976

James,OFF TOPIC Hong Kong is a dying breed.Defend the peg by raising the interst rates. support the stock market using hard earned reserve.Let the real economy suffer and let tourist arrival down by 25% already to fall more as the city gets too expensive since regional currencies drop by 40-50%. If attacked again, raise rates again, raise overnight rates to 500% instead of 300%. A slow death just in the name of face. Eithe way, it will get whacked by design from friend or foe.regards

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