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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (11077)	12/11/1997 9:02:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 18056

What to watch out for from here. FWIW Dept. (1) Slowing Christmas sales due to a "Grinch Selloff." Inventory discounting and rediscounting to reduce the wholesale pipeline and retail stocks. (2) So.Korean defaults and debtor alliances with Indonesia and other IMF borrowers that stretch out principal and interest payments a la 80's Latin American banking "solutions" (3)Spillover into China where Red Chips sellers seeking liquidity can find no buyers. (4) More margin calls in the US. (5) European slowdowns and currency adjustments. (6) Ten years for So.Korea to recover from HUGE declines in wealth and purchasing power. Won't be pretty elsewhere either. (7) Declining Silicon Valley housing valuation and reduced earnings linked to stock options, net worth. Taint over IMHO. Conservative investors like me will wait until May to go net long. Just say for the moment you could buy a great stock for book value today. A potential is emerging that several years of declining book value, due to a recession or anemic growth or worse, could erode your investment. Patience, now,not dipsterism, will be rewarded. BWDIK.