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Technology Stocks : All About Sun Microsystems

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To: ArnieC who wrote (10986)8/31/1998 12:47:00 PM
From: Mike Milde  Read Replies (1) of 64865
 
<< Of course if our main trading partners have an economic collapse, then earning in American companies will falter. >>

I just don't believe that. You hear nothing else on the news except the "Asian contagion", but you never, ever hear anyone give the real reasoning behind it. It's just psychology that's moving the markets right now. The US is not *that* dependent on foreign economies is it? Sun does have exposure to Asia, but that sure hasn't slowed them down any, even as recently as the last quarter.

This "Asain crisis may spread to US!" fluff is just rediculous. It's not a FLU. Who came up with that analogy anyway???

Mike
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