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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: TokyoMex who wrote (8723)1/11/1998 5:08:00 PM
From: Nanny  Read Replies (1) of 31646
 
Dr. Yardeni's latest email notice:

Subject: New On Dr. Ed's Econet
Date: Sun, 11 Jan 1998 12:35:09 -0800 (PST)
From: Ed Yardeni <yardeni@ix.netcom.com>
To:

COMMENT: The Asian Crisis may be much harder to resolve than the S&L crisis. The same accountants and lawyers who structured all the bad deals that sank the S&Ls were able to restructure the deals so that they could be liquidated in the market. In Asia, accounting standards are very questionable and often corrupt. It is hard to restructure deals when debts are hidden in second, third, and even fourth ledgers. It's hard to sell businesses and assets to would-be buyers if you can't provide full disclosure. Bonds should continue to outperform stocks in 1998, 1999, and 2000.

SUBSCRIBERS: The latest WEA will be posted Monday afternoon. Will capitalism prevail over crony corruption in Asia as it triumphed over Soviet communism? It could be tough: Corruption has been around alot longer than communism.

PUBLIC: Version 3.3 of my Y2K netbook, "Year 2000 Recession?" includes
material from my Y2K REPORTER #11 on the latest OMB progress report and the Social Security system. yardeni.com. The COMMERCIAL BANK CHART BOOK and the MONEY SUPPLY CHART BOOK were updated recently on my home page yardeni.com

MOVIES: I really enjoyed Wag the Dog (+++). As Good As It Gets (+++) is as good as it gets.

Dr Ed
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