Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (70196)	7/28/1999 12:05:00 AM
From: GST	Respond to of 164684

Robert -- Asia -- such a hard place to read -- but the fact is that this export boom has made it easier for many to back away from restructuring. Personally I am happy to see Softbank come in a re-arrange their faces by jumping all over them. Competition from within the Asian economies is the key. Are they 'fragile' -- ya, the way any place would be if they hid their poop under the carpet for fifty years. The net will revolutionalize Asia. In the process it will just about wreck the place in many respects -- but a new economy will emerge. Hard to believe it, I am a valuation bear who believes that the net is the event of the century and more so in Asia than in the US!

To: Robert Rose who wrote (70196)	7/28/1999 12:15:00 AM
From: GST	Read Replies (2) \| Respond to of 164684

Robert -- I should point out something about unemployment in Asia -- it is real and rapidly growing. Japan is facing double digit unemployment the way things are going -- it is unheard of -- And in China? Oh my, we are talking tens of millions unemployed -- not farmers, but industrial workers. This creates HUGE political pressure. What these guys do will shock you and me because they will do it for internal political reasons -- shocking things. These governments held onto power for only one reason -- they delivered the goods and/or repressed their own people -- trying doing that in the age of the net when people know they are being screwed. Remember -- the Russian revolution started as a bread riot -- and most other truly weird political missions have roots in economic dislocations.