ASND - longterm investors with short term worries Message Board

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Technology Stocks : ASND - longterm investors with short term worries

ASND 203.08

-0.3%

2:28 PM EDT

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To: minhaj hasan who wrote (5)	11/2/1997 12:46:00 PM
From: Chuzzlewit	of 67

Minhaj, you are incorrect when you said "Take us for example, we have the highest deficit." I assume you are talking about the federal deficit. Our defecit is negligable. I think you are refering to the national debt, but even here, with interest rates trending lower and a negligable deficit (as a percent of GNP) there is no major problem. This is a major about-face from where the US was following the Gulf War. I do agree with you that the cause of much of the problems in Asia are due to currency speculation and what had been wildly over-heated stock markets, and in the case of Hong Kong totally unrealistic real estate markets. But given the high interest rates in the region I think it's reasonable to forsee an economic slowdown in Asia until the currency assault is over. Regards, Paul

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