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 160.52

-4.9%

Dec 12 9:30 AM EST

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To: Proud_Infidel who wrote (6700)	8/16/1998 7:50:00 PM
From: Katherine Derbyshire	Read Replies (1) of 10921

Should Russia emerge as a neo-fascist power because of its economic problems and start threatening the rest of the world (much as the Weimar Republic gave way to the Third Reich), I guarantee that would have a dramatic impact on global securities markets. Should German banks start to face the same kind of bad loan problems that Japanese banks do, and therefore start cutting back on lending to German manufacturers (like Siemens), that would have a less dramatic impact on global securities, but a more immediate effect on semiconductor and other capital spending. (Remember that Germany has lent fairly huge amounts of money to Russia, in part as payback for German reunification. Because of the political climate, it's possible that the loans were made on more comfortable terms than the German bankers would have otherwise offered. Hence the risk.) At least that's why Russian economic woes have been blamed for last week's market slide. Personally, I'd rather have too much information than too little. Katherine

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