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To: Zebedee Wright, Jr. who wrote (33906)10/29/1997 9:13:00 AM
From: D.J.Smyth  Read Replies (2) | Respond to of 58324
 
This news flash came from Brandes Investment Partners this morning who are value players and have been ostensibly negative regarding Asia but now are turning around their attitude (Brandes handles all our large international portfolio accounts). The importance of this position is that Brandes is considered one of the world's premieir wrap account managers for International portfolios and is in the top 5% of returns in the field for the past ten and five year periods:

"For years, we have heard about the "Sian Miracle", defined as high econimic growth, low currency risk and generally high stock market valuations. For years, we have been fielding questions as to why we were not generally invested in this region with all this good news and great opportunity. Our only response was simple and consistent, "The stocks aren't cheap enough for us." The perceptions over Asia have changed, it is now being coined "The Asian Disaster". Both perceptions were wrong; it was neither as rosy as believed in the past, nor as dire as is currently viewed. Over the past 18 months, some top Asian companies have gone from trading at 4 times book value to trading at less than book value, while their currencies declined. It may be time to change our answer to, "It's starting to look attractive to us from a value-oriented perspective." Don't be surprised if you see an increased commitment to Asia from our current stance of very limited exposure."

If you had placed $100,000 with Brandes in 1988 it would be worth some $2.4 million today, so they have done well for their clients. You can call 1-800-237-7119 if you have questions about this copy or may like to receive copies.



To: Zebedee Wright, Jr. who wrote (33906)10/29/1997 9:27:00 AM
From: Francis Muir  Read Replies (2) | Respond to of 58324
 
Zeb:

I loaded up about one hour before the market was due to open and had no problems. In fact, I do this every day. To counter my previous blasts I have never had any accounting problems with E*TRADE and on a quiet day everything goes well. If i am feeling sensible I'll put in a range of orders, i.e. BUY at 24, 23 and 22, or SELL at 30, 31, and 32. I have found this suits my style and means I can get unglued from the tube. I have never put in a stop order yet!

FIDO



To: Zebedee Wright, Jr. who wrote (33906)10/29/1997 9:37:00 AM
From: Markas  Respond to of 58324
 
Zeb, **off thread**
Try Waterhouse. I did not even try placing an order during the big rise and fall, but, I was able to easily get quotes both online and via phone with only modest delays throughout the day. My BUY limit order early in the day of the drop was executed and reported promptly when my limit hit.
I especially like dealing with them because of the ability to easily cancel or change orders via phone, usually with no additional charge above their Web Broker.
I have also occasionally recieved unexpected price improvements
A Satisfied Customer,
Markas