Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 152.16

+6.7%

3:49 PM EST

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To: Jim Willie CB who wrote (6470)	8/3/1998 8:08:00 PM
From: Stitch	Read Replies (1) of 10921

Jim, <<IMF has become so politicized, I consider it inept... they have one formula for remedy -- austerity -- which does not work in a deflationary continental environment>> There is a growing school of thought that Asia is beyond steering away from the shoals and that it is better to hold reserves for the humanitarian effort that must surely follow. Like all shipwrecks those that go down will include passengers as well as the crew that set the wrong course in the first place. There is a deep feeling here in the region that IMF policy has only made the situation worse. I think you are correct and that it may well have. But an equally disturbing force is the continuation of denial, especially here in Malaysia. Mahatir better start to worry about how his people will be fed rather then how to save his whining Bumi buddies. best, Stitch

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