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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (22558)6/10/1998 10:16:00 AM
From: Paul Fiondella  Read Replies (2) of 42771
 
(Off Topic) Asia

Notice how the Greenspan coverage rarely mentions what is all over the financial press in Europe---What will the G7 do about the YEN? The YEN has fallen to the point where a further drop may bring China to devalue. That would cause a third and much more severe round in the Asia crisis.

Overnight you had significant market drops in Hong Kong and Japan. I'd say that the reaction to Greenspan has to be either the beginning of the summer rally or we are already over the edge and into the beginnings of a Bear market.

What do you think?
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