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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (14427)4/15/2005 3:27:55 PM
From: Sam Citron  Read Replies (1) | Respond to of 25522
 
S. Korea's economy is very dependent on the US economy.

It has been working successfully to steadily lower that export dependency.

Here's how it Korea's export profile looked in 2003: China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% cia.gov

I don't think that's too bad.

Those 12 PE's might be better priced at 8 or 9 in 6 months

Korea's P/E is close to 10 now.
schroders.com

Sam