Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Ron Dior who wrote (20049)	10/30/1997 10:12:00 PM
From: Andie Wei-Ku Lin	Respond to of 61433

Did anyone notice that the put/call ratio from the CBOE was 0.99? I can't remember the last time I saw this. :-)

To: Ron Dior who wrote (20049)	10/30/1997 10:39:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 61433

Ron, I wish to echo your sentiments. I posted this same note on the CREAF Thread about a week ago. Remember- For the US business with Asia makes up a "thunderous" 2% of our GNP- yup that's right 2%. Now tech companies may have much higher totals (maybe 5-10%), but it's still small. In fact for companies that have plants located in Asia the currency devaluations are a good thing! The cost of production drops- so watch profits of boxmakers rise (and retailers too FWIW) for e.g. Also you seem to forget the continents of Europe and Latin America. Business in Europe is just picking up. And business in Latin America is booming.... Even some economies in Africa are picking up. For e.g., Uganda now has a 6.5% GNP growth rate under the leadership of the very wise and capable Yoweri Museveni. Now I'm not saying that the Ugandans are going to buy lots of computer products- but the French will, and the Columbians will, etc. So the tech stocks will not be brought down by the Asian flu..... Sincerely, Doug F.