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.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (6736)	9/18/2000 7:49:16 PM
From: Dnorman	Read Replies (1) \| Respond to of 13094

William, Do you think the weakness and confusion over the Euro exchange, has had a impact on the large discount that the LYCOS/TRRA merger is trading at. Dennis

To: Bucky Katt who wrote (6736)	9/18/2000 8:23:46 PM
From: RockyBalboa	Respond to of 13094

>>>>> BTW, what are the European growth markets you see? <<<<< Besides the border countries, Portugal, Spain and Ireland which are really overheating, France had a particular strong growth, which was also reflected in a stock market outperforming the rest of Europe. Germany will suffer for some time from high capital expenses in the East as well special burdens like the newly dug UMTS hole (which other countries try to avoid at all costs)...besides some special situations (like Sweden and Finland which benefitted a lot from Ericsson and Nokia). Imported inflation (thanks to the apprechiation of USD and JPY by as much as 60% in 7 years with accelerating tendency during the last 2 years) and energy related inflation is an issue here and the long term effects are hard to estimate though considered not favorably. On the other hand export oriented economies with some cost advantage are benefitting (for example the Austrian trade deficit will have almost diminished this year thanks to the robust export demand). The chances may not outweigh the risks of a soft currency: Tech heavy sectors (like internet providers and value added resellers with indeed little value added) amongst other sectors dependent on imported goods and services feel the rising input prices which they can not pass to customers that easily. The longer term results are degradation of the national branch mix with a shift to inferior technology....a problem developing countries with weak currencies faced over decades. And do not forget the federal debt burden (all between 50 and 110% of the countries' Gross National Products) together with the lack of pension insurance for the retired and aging of the population... the burden it is much higher than the U.S. federal debt and shrinks the flexibility of the state treasurers all over Europe permanently.