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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST
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To: joshi who wrote (29078)12/31/1997 9:09:00 PM
From: Big Dog  Read Replies (1) of 61433
 
You've got to be kidding! South Korea is facing a Depression. Japan has been in a deep recession for years, and still has failed to correct its banking problems. George Soros wrote an article in the London Times expressing "real" concern about world-wide deflation. The IMF has worked overtime to help S. Korea, and had to request all the major banks and financiers to give S. Korea breathing room on its accounts. Do you really think that Wall Street can have a brief down period during November and December and that's the end of it????
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