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 : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: DRRISK who wrote (7219)	12/14/1997 9:37:00 PM
From: ronco	Respond to of 13925

Singapore showing US $17.52894 at 10.32, comming back w/ good volume.

To: DRRISK who wrote (7219)	12/14/1997 10:29:00 PM
From: Derrick Lim Kok Fang	Read Replies (1) \| Respond to of 13925

Most asians aren't that sophisticated to understand the implication of the financial crisis. But I do see some belt tightening going on in Singapore. There seems to be less spending on big ticket items like cars, PC etc. The retail industry is going down. This should hold true for the other Asean countries since they are much more affected than Singapore. The opening up of the Asean market is imminent. However there will still be protectionism going on with all the politcal clout weld by the businessmen. However I am quite optimistic that the current crisis will blow over in a year time. Its all depend on the cut throat measures and poltical wills of the indivdual countries to ride it out. Derrick