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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Yikes who wrote (33465)	10/27/1997 8:53:00 AM
From: D.J.Smyth	Read Replies (1) \| Respond to of 58324

The problem in HongKong has mainly to due with China's desire to link their currency to the US Dollar which, the businesses fear, would cause a devaluation. This linkage has not yet occurred and probably won't given the markets reactions to the news. On a side note, Shangai's market closed slightly up as did Singapore's. Singapore's market carries a bigger stick for the Southeast Asian countries than does Hong Kong. Hong Kong is now tied to the whims of the Chinese government which is not adept at free market reform. The noise about overcapacity is overblown. It is a currency issue for now according to the news given to me this a.m. Singapore has higher gdp per capita than the US. positive note: U.S. deficit is falling, surplus expected in two years