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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (40634)	8/27/2001 8:17:34 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

as with this law firm, so will go with many tech and nontech firms layoffs are steady and unrelenting, perhaps accelerating watch EMC announce a second round of layoffs soon my buddy in computerdom marketing research indicates storage sales are still declining and information technology capital purchases are nowhere near recovery, even continuing to decline the forward thinking and correctly seeing firms that lay off workforce to reduce costs will survive some which dont will not my same old refrain: sell the rallies e.g. EMC, CSCO, INTC Naz at 1500 or lower is coming this autumn the TSUNAMI that I warned about is happening in Japan now, 17-yr low for Nikkei and this time, the US economy CANNOT hold up the Asian PacRim the 1997 Asian Meltdown was rescued by the US juggernaut economy even as the Fed Reserve has lowered interest rates, Asia has approached depression this time around, the US will not be able to rescue Asia's more fragile economies Taiwan, Singapore, Korea have already registered a recession three civil wars going on in Indonesia (the world's biggest basket case) terrorism is rampant in the Philippines and the granddaddy Japan is about to experience a near collapse it has decided to allow its "walking dead" banks to fail or survive on each own's merits the Nikkei is heading down another 30-40% the panic will spread to the US and European markets this autumn precious metal stock will take off their combined mktcap is under $100 billion watch, wonder, weep / jim