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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (9850)10/27/1997 11:16:00 PM
From: akidron  Read Replies (1) | Respond to of 70976
 
different situation... this is not a sector problem... this is potentially a global currency crises in which those with cash ($US) will be king. my bet is that if they do spend it will be to aquire cheap assets in the the worst affected contries. in fact in this enviroment it is better to borrow cheaply here to buy discounted assets than to purchase using discounted stock.