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To: Jay who wrote (41854)12/9/1997 11:55:00 PM
From: Paul Fiondella  Read Replies (4) | Respond to of 186894
 
Jay anyone who thinks that Intel is immune to what is happening to ORCL

as a result of the Asian deflation is just in denial. At this very moment some of the most experienced banking people from the S&L clean-up are in Japan trying to get the Japanese to close down bankrupt banks and liquidate their assets rather than extend them more credit and keep the bad debt from undermining confidence.

Japan is in recession. There are serious problems in the world economy. And there are plenty of smart people worried as can be about this.

After ORCL isn't it obvious what is happening?