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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Ashish who wrote (11519)5/13/1998 1:21:00 AM
From: P. Ramamoorthy  Read Replies (1) of 13949
 
Re.: India is way too big a market for US to impose sanctions that
could hurt its trade plans in that region.


My simplistic explanation of a "check list" is just that - a simple view of events and their influence on stock prices - a subject of interest here. One can analyze the pros and cons of nuclear blasts. India had tested a bomb about 24 years ago and never signed the nuclear non-profileration treaty, a thorn in the US-India relationship. China and Pakistan are two countries that went to war with India. Both share borders with India. China is in the process of negotiation with India on old border disputes. They seem to be making progress. I agree with your assessment that I do not know all the details of Indian or International politics. But I do not see a need to test nuclear bombs as soon as a new party came to power. The only reason they must have done it - shortsigtedly - is to show that they will deliver their promise.
By the way, US trade with India is not as big as that with other Asian countries like Korea, Taiwan, Indonesia, etc. As you say, this set back in y2k stocks may be temporary and offer an opportunity. Ram
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