Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-4.6%

Dec 17 12:59 PM EST

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To: RCVJr who wrote (5594)	11/12/1997 11:16:00 AM
From: Dennis G.	Read Replies (1) of 13925

Am I the only one here who's sick to death with this Asian crap? They claim it's because of their weak currencies but they're blowing off their markets far faster than their currencies are dropping. And I haven't heard that their economies are really that bad. With their weaker currencies, they should be able to export more. Then we sell off our market because their selling their's in spite of the fact that our economy is strong, there's no inflation, interest rates are low, and corporate profits were as good on average this quarter as they've ever been. All the "knowns" right now are positive for equities. Yet the fears about "unknowns" seem to be in control. Then to top it all off, the Asians point the finger at us and say they're selling their markets more because we're selling and they're too small to resist. We need to break this cycle somehow. Dennis

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