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Technology Stocks : Compaq
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To: ed who wrote (12139)12/27/1997 8:39:00 AM
From: TCGNJ  Read Replies (1) of 97611
 
Ed,

Can you clarify why you think there is no Asia crisis, and that their economies are basically sound?

Everything I read points to market protectionism in Asia, too much insider influence with governments, too many nonperforming loans with major banks (the highest percentage anywhere), and the fact that some major Asian companies are now dumping products below cost in the West.

How are these economies fundamentally sound?

Thanks.

TCG
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