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Technology Stocks : QUANTUM
QNTM 8.300-4.5%Dec 26 9:30 AM EST

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To: Rational who wrote (5096)11/19/1997 6:37:00 AM
From: Alan Hume  Read Replies (3) of 9124
 
Hi Sankbar

"The whole issue about SE Asia will have a reverse (good) effect on QNTM as its cost of operation will reduce dramatically."

Wishfull thinking I am afraid.... Sure MKE's lower labour rate will help, but the danger far outway the downside
I read an interesting article in the Financial Times on Monday in which the writer claimed that the recent upheavel of the markets could have been a mortal blow to the japanese financial system. They are in such a mess that many banks may be forced to sell off all or part of the estimated 1,5 Trillion dollars they have in overseas markets to patch up their problems at home. I don't have to tell you what that could mean.
AS for their problems being over, forget it, the Nikkei dropped another 900pts while you were asleep. We're in for another stormy day today guys. Sorry I had nothing positive to say

Regards
Alan
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