Wiz, of course your are right.. SE Asia is 20%.. But the AFFECTED countries are 7%... I should have clarified. Of your other points, the capital shortage is the most telling, and the most critical. So far, there is a deficit in capital for the semi's of between $7Bil and $10Billion..to the best of my understanding. But there are linkups between some capital rich US companies, and there are some subsidiary sales by the Koreans..and maybe the banks will relent a little.. if you saw Small Fry's article...they HAVE to find the money somehow..and it will be TOUGH. Lenders will want to see a "Decent Profit Prospect" before handing over multi-billions... So..buy MU and TXN? Or AMAT, NVLS, the instrument guys, GSNX, etc? There have to be some benefits as well as problems out of the SE Asian difficulties, IMHO.. And a lot of those stocks, frankly, just looked like bargains..
BTW, even my APM crawled up out of the sewage pit today!! TSO |
