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Pastimes : Ask Mohan about the Market

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To: Rational who wrote (11634)12/16/1997 12:44:00 PM
From: Cynic 2005  Read Replies (2) of 18056
 
Sankar, <<So how far will Yahoo go? >>
Beats me! I guess it all depends on how much money is getting syphoned in to this market.

As with Asian tigers retaliating, what are they retaliating against? I agree with you on the "save more/spend less/borrow less" culture of most Asian nations will make this crisis not big of a deal. But for US equities with valuations so high, partly dues to high expectaions on Asia, something has to give.

-Mohan
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