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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (9455)11/24/1997 1:33:00 PM
From: ed  Respond to of 97611
 
Mohan:
There are now three things which may turn around the market significantly , and of course those bears squeezed in big times:

1) After the APEC meeting, big package announced from the IMF for the resecue of the Korean economy and the rest of S.E Asia.

2) The Japanese Government announced a meaningful rescue plan to resecue and restructure its financial systems.

3) Temporarily you will see big flow of capital from Japan to the US
market.

For CPQ: The DELL's earning will be released today after the close

Actually today the Asian market did not go down that much, the Hong Kong and Singapore market went up, Malysia hold!! Korea down due to worry of the IMF package, but I think it will be stabilized in one to
two days.

Be careful about AMAT!!! Those semiconductor companies in Korea
are AMAT's big customers.To CPQ , it won't be any impact, because
the major player of PC in the Korean PC market is Samsung !!!!