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Technology Stocks : Creative Labs (CREAF)
CREAF 0.411+11.2%Dec 8 12:12 PM EST

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To: DRRISK who wrote (7549)12/24/1997 11:08:00 AM
From: Douglas V. Fant  Read Replies (2) of 13925
 
DRRISK, Agreed- Korea and Malaysia are where excess goverment intervention occurred, and capital was badly misalloated- these are the two "basket cases" of Asia. Japan's at least facing (and fixing) its structural issues. Korea and Malaysia however are economically "small potatos". Japan has the second largest economy on earth. So Iagree- we need to differentiate between countries in Asia with true structural problems and those who just got pulled down with the downdraft, but are sound. (Kind of like CREAF!).

Malaysia to top it off, its Parliament is now considering passing a law that makes it apostasy (i.e., heresy) not to be a Muslim. Hopefully they will not pass the law since that makes about 38-39% of its population heretics overnight- but unfortunately that includes their very dynamic Chinese minority population- which makes up a large percentage of their competent technical and professional people- what a terminally stupid way to work yourself out of a financial crisis that you (the Government) yourself created- persecute your minorities!

Well everyone-Happy Holidays- Peace on Earth and Goodwill to All, and I mean All......

Sincerely,

Doug F.
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