Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jurgen who wrote (10189)	6/11/1998 2:10:00 PM
From: Judy	Read Replies (1) of 120523

Jurgen, PIR has been in a downtrend since March and I'm not sure if there is anything fundamentally different in today's report to reverse the trend. While it may seem PIR would benefit from the Asian currency crisis since their products are mostly imported from the region, it is also likely that they could have trouble receiving products from their suppliers. Many SEA businesses have severe financial problems or may just flat become bankrupt. Maybe the market is seeing two sides to the coin, and decided which side not to bet on. Let's see whether buyers return when the market completes its correction.

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