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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Hawk who wrote (12635)	10/23/1997 4:43:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

SOX has a solid support at 330 next 315- if HK towards the end of session regains confidence which I expect you may see a much better picture- don't you forget that this crisis has resulted indevaluation of ASEAN currencies - US anyway I see will be a prime benfactor. Lower import prices- lot of orders would be cancelled but it may only serve as a slow down - the other benefit is lower production costs of US tech manufacturers in ASEAN countries. Will market ignore all that I doubt.