ed, re He just keep putting frighten comments on the thread like " CPQ will go to $42", " CPQ will go to $30", "CPQ will file Chapter 11" on the thread, and never have anything to back up the statement !!!!!!
ed, does CPQ filing chapter 11 scare you? It seems like from your statement that CPQ stock crashing and Compaq filing chapter 11 is a bad thing. Why then, are you so sanguine about Asia? Have we not seen massive currency declines throughout Asia, significant stock market declines this year (HK: -25% ytd), bank runs in Korea, company after company declaring themselves insolvent throughout Asia, etc? With your view of Asia, CPQ "going to $30", "filing Chapter 11", etc., would be just a "so-called crisis", with the only problem being a "lack of dollars", hmmmm?
You know what worries me the most ed? What worries me is if things in Asia will be going "back to normal". In other words, more bad loans, more reckless business ventures, more nepotism, more over-built production, etc. Most have hoped that Japan's economy would bounce right back, but so far in 1997 we see that it has not. Why are you so sure that Asia will bounce back quickly? It's not, as you say, just "a lack of dollars". Japan has huge dollar currency reserves, and that has not helped them.
DK |