Y2k forces investors to change strategy
Source; The netherlander, the only daily Financial magazine in the
Netherlands.
Ranking according to ING-BARINGS-report
The scenario of ING BARINGS is qualified as MODERATE OPTIMISTIC
Less risc;
- IT-services, CAP Gemini, Baan
- Media
- Retail
- Bodyshopping (not IT-specific)
- Other, TNT Post
Medium Risc;
- Trade
- Media (more internationally oriented)
- Building/construction
- Others, like KPN Telecom, Aegon, ASM Lithography
Above average risc
- Banks, ING!!!!, ABN/AMRO
- Insurance companies
- Transportation
- Food, Unilever, Heineken
- Building/construction
- Others, Royal Dutch
High Risk;
- Proces-industry AKZO
- Food
- Transportation, KLM
- Others, Philips
I hope I translated the categories well. I mainly named the companies
that have a listing in New York or Nasdaq.
Main reason to qualify companies as high-risk is;
THEIR DEPENDENCY ON DATE-DRIVEN EMBEDDED SOFTWARE
Expected trends;
- increasing unemployment,
- increasing inflation,
- increasing budget deficit.
Paul |
