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Technology Stocks : Thermo Electron (TMO) -- Ignore unavailable to you. Want to Upgrade?


To: John Hayman who wrote (241)1/9/1998 2:47:00 PM
From: appro  Read Replies (1) | Respond to of 450
 
>>comments from anyone?<< Hmmm. Glad I resisted the temptation to buy @43 on momentum play after missing it at 41. Market is full of fud (fear, uncertainty and doubt) fueled by nagging worries about Asian meltdown. Picture in Chicago Tribune today showing Indonesians scrambling in market to buy food before their money becomes worthless. After last night currency losses, all but 22 of the 424 major companies in Indonesia are technically bankrupt. Now the social fabric is fraying. And its Friday. Traders do not want to risk holding over weekend. cnnfn.com

I think we will recover a bit by Monday morning and then see further deterioration in global markets for rest on next week. Makes valuations hard to calculate. : (