Waiting for the big Kahuna 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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (7452)	10/26/1997 10:40:00 AM
From: IQBAL LATIF	Read Replies (2) of 94695

Perpetual short is not prudence it is recipe of disaster. Yes ocassional short like I am now as a hedge is perfectly normal. I will cut my shorts once FCI gives me confirmation of no inflation on wage front. On your misconceptions of ASEAN- 1-6% of US corporate profits are driven in ASEAN countries. 2- ASEANs are export led economies- they will help export price stability to the entire globe. 3- ASEANs are 'Island economies' toaly integratyed within global trade- they add value to their imports which are then exported, so it is imperative for them to be more competitive and more productive in wake of this devaluatiuon. 4- US corporate profitiblity will increase as products manufactured in ASEAN countries become cheaper to manufacture- lower salaries but sales in $'s. This again is a point totally forgotten- NIKE INTC SEG SUNW IBM they all have huge manufacturingpresence in ASEAN region. This devaluation on cost benefits is 20% of lower wages when you translate local wages from $'s. I wish this may help you to understand that disasters blown out of proportin are not in the interest of anyone. Lets keep our intllectual honesty intact.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next