Electro Scientific??? Message Board

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Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

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To: Mark Oliver who wrote (370)	4/8/1998 12:05:00 AM
From: Elwood	Read Replies (2) of 723

I think the Asian problem is going to get much worse b4 it gets better. My understanding is the financial institutions have one hell of a lot of bad loans on the books and need substantial cash to cover to avoid collapse. Japan is getting worse, Korea ready for round 2, as well as Malaysia, and Indonesia is in terrible shape. China is holding for now, but their GNP has been declining for a while, this could be round 2 of the spiral. And then include S. America too. ESIO (& others) will be under severe pressure, I would recommend getting to the sidelines and waiting for the shoes to drop. E

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