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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: rudedog who wrote (143697)	10/3/1999 11:15:00 PM
From: Ian@SI	Respond to of 176387

rudedog, I think I learned a little more in this exchange... thanks for a stimulating discussion, always interested in learning. ++++ And some more encouraging news from S.Korea... S Korea 4Q Stk Outlook: Econ Recovery To Support Mkt By PARK KYUNG-HEE - SEOUL -- A liquidity crunch could dampen South Korean share prices in October, but the country's faster-than-expected economic recovery should help support market sentiment later in the fourth quarter, analysts say. Nervousness over a potential flood of early redemptions of bond-linked beneficiary certificates at investment-trust companies - and jitters over inflationary pressures from rising crude oil prices - could drag the Korea Composite Stock Price Index, or Kospi, down to near the 770-point level this month, analysts said. However, the rapid pace of the ongoing economic recovery and the government's efforts to ease bond-market jitters are expected to bring optimism to the market in the latter half of the quarter. "The market is expected to be volatile until October, but toward the end of the year the market should return to a bull market," said Rhee Namuh, head of research at Samsung Securities Co. in Seoul. Five analysts surveyed by Dow Jones said they expect the Kospi to rise to around the 1,100-point to 1,200-point level by the end of the fourth quarter. The Kospi closed Friday at 839.35, up 3.17 points as local institutional investors bought stocks. The Kospi's closing level Friday represented a 49% advance from its 1998 close of 562.46. But the index was down 7.1% from June 28 close of 903.05. ... Telecommunications stocks, such as SK Telecom (SKM) and Korea Telecom Corp. (KTC), have recently been oversold, and should recover ground in the fourth quarter, said Chung at Hyundai Securities. Semiconductor and semiconductor-equipment makers are also likely to advance in the fourth quarter as they benefit from price increases in computer memory-chip prices following the recent earthquake in Taiwan, a major chip producer, analysts said. Their top picks include Samsung Electronics Co. (Q.SSE), Hyundai Electronics Industries Co. (Q.HEL) and DI Corp. (Q.DIC). In addition, shares of banks widely viewed as financially sound, such as Housing & Commercial Bank (Q.KHB) and Kookmin Bank (Q.KOO), should gain ground during the fourth quarter, rebounding from a recent decline when investors sold bank shares across the board due to worries of Daewoo Group exposure, analysts said. -By Park Kyung-hee;