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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Sonki who wrote (3852)11/10/1997 1:34:00 PM
From: Chris  Read Replies (2) of 42787
 
Hi Sonki,

how we doing?? hope you waited off for GE buy.. but then again, you're more long-term orientated..

GE should be a great company to invest in.. only worry is the asian currency effects..

I really do think this asain currency crisis will "show" up in the next quarter earnings.. that will be a real test of what will happen. the correction we had right now, is purely "perception" of trouble. It's called FEAR.. next stage is actually getting the data (earnings) to see how much damage the crisis has hurt us..

I believe we might see some bloodshed. for long-term buys, i would carefully research on how much of their profits comes from the Asian mkts..

I would go for purely domestic market companies..

hope it helps.. just my thoughts.

Chris
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