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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (4601)4/1/2001 11:40:30 AM
From: donald sew  Respond to of 52237
 
Justa,

>>>>> But is the spike in the Taiwan Index real or is it the result of a government effort to support their stock market? <<<<<

Maybe its just a technical bounce, but from my contacts in Taiwan they are starting to feel unemployment/weakening economy. Somewhat surprisingly, they are telling me that it is worse now then back in 1998 during the currency crisis. Another way to look at it is that 1998 was the beginning of this mess.



To: Justa Werkenstiff who wrote (4601)4/1/2001 6:49:19 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 52237
 
Justa, I know Donald Sew has contacts about the Asian economy, but this is interesting-

and, of course, everything is suspect. I suppose much of Asia depends on Japan . . .

finance.yahoo.com

stockcharts.com

TAIPEI, March 20
0323 GMT
**GIGABYTE LIMIT-UP ON GOOD SALES HOPE**
Computer motherboard maker Gigabyte Tech surged

T$6.50, or the daily seven percent limit, to T$99.50 on volume of 15.08 million shares.

The company was expected to post bright March sales after winning new orders from U.S. customers,
said an analyst at Capital Securities, who declined to be identified.

The dominant electronics subindex (^TELI - news) rose 0.71
percent.
0329 GMT
(US$ equals T$32)