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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: mark rose who wrote (2823)	11/9/1997 8:10:00 PM
From: Broken_Clock	Respond to of 95453

Washington Post link... search.washingtonpost.com Excerpt folows: Irrational exuberance is one potential threat to the revival in this industry, said several analysts. Another might be a global economic slowdown or problems in Asia that might keep anticipated demand from developing there. "Two-thirds to three-quarters of demand in the future is going to be driven by the rapidly emerging economies of Asia," noted Baker Hughes's Flaharty. "Looking back at the air pocket that the stock market hit because of currency weakness in Asia, Flaharty said he still anticipates growing demand in those economies. "I can't help but wonder if there weren't 1.2 billion Chinese who woke up that day who didn't know a thing about the market and who still wanted cars." " c Copyright 1997 The Washington Post Company