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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: P. Ramamoorthy who wrote (11517)5/13/1998 12:32:00 AM
From: Ashish  Read Replies (3) of 13949
 
Re.: Wonder if trade sanctions are also possible

I am not sure how familiar you are with the political situation in India. But your explanation in terms of a check list are pretty simplistic to say the least. People in power are politically very experienced to not foresee the repercussions.

I think the Y2K selling today was panic selling. After a couple of days people are going to get back in. India is way too big a market for US to impose sanctions that could hurt its trade plans in that region. IMO.

Ashish
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