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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Trebor who wrote (1798)10/23/1997 9:18:00 PM
From: Surfer  Read Replies (1) | Respond to of 42834
 
<What I'm trying to determine tonight is what, if anything, does a stock market meltdown in Hong Kong have to do with a U.S. stock like UTEK?>

Check out URL below. Worries that Asian chip companies may cancel
sem-conductor equipment purchase orders, etc...

biz.yahoo.com

Time will tell...



To: Trebor who wrote (1798)10/23/1997 9:26:00 PM
From: Investor2  Respond to of 42834
 
RE: "Now I have another opportunity. Do I take it or is this Hong Kong thing actually going to have more than a temporary affect on the U.S. market."

That is the big question and I don't know the answer. In fact, I don't think anyone knows the answer at this point.

I've been watching my old Far East Ex-Japan with interest. As I indicated previously, I sold at Bob's recommendation when the share price was $9.11, just three months ago. Tonight, the share price is $6.07. That's a loss of 34% that I didn't experience. Thanks Bob!!!

I hope that Bob discusses his position on the Far East Ex-Japan fund this weekend. I'm guessing that he'll suggest staying out of the fund until the smoke clears, but it sure is getting cheap (and tempting).

Best wishes,

I2



To: Trebor who wrote (1798)10/23/1997 9:34:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 42834
 
Foreigners might have to sell US securities to prop up their own currencies. No one credible thinks it's anywhere near over yet in Asia. Elaine Garzarelli is on NBR tomorrow night. :)



To: Trebor who wrote (1798)10/23/1997 10:11:00 PM
From: Jon Tara  Read Replies (2) | Respond to of 42834
 
Bob, did you happen to notice where most of UTEK's customers are? ;)