Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

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To: LLCF who wrote (9881)	10/28/1997 9:38:00 AM
From: akidron	Read Replies (1) of 70976

i agree that the currency "stuff" is overdone, and that in some ways it is an excuse to have a correction. and I am gonna bet quite heavily today that it is a little overdone. but the truth is that many of the asian developing contries have been trying (successfully i might add) to have their cake and eat it as the expression goes. by this I mean export a great part of production, without stimulation a home market, while keeping their currencies artifically high. in the end it hurts more if you don't treat it early.

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