SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout!
LGND 196.00-0.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chirodoc who wrote (12844)12/25/1997 8:01:00 PM
From: CYBERKEN  Read Replies (1) of 32384
 
Still OT:

Glad to see you're not turning bearish. I also believe that Asian problem will clear up. I think it came upon them in a real hurry due to the accellerated movements of information and capital that have developed in the last several years. It put some of the national leaders in shock, just as financial crises in the past have put investors in shock. The need for certain reforms in these countries came to light very quickly, and that bothers politicians and bureaucrats more than anything. That's because they can't escape or dance around the 21st century message which, in simplist terms is:

Move power from the "public" to the private sector, or suffer the consequences.

The Asian nations will be stronger than before, but only after they have made some of the necessary reforms. Any reforms they miss will bring more consequences down the road, and on and on until the world just becomes a better-run place, I can see something similar happening in Europe later if they insist, for instance, on forcing this common currency nonsense.

Rapid and free flow on information is actually a positive here, since the economic deficiencies of governments can no longer be kept as state secrets.

We're gonna LOVE the 21st century!

Happy investing for 1998.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News