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To: Paul Fiondella who wrote (44667)	1/9/1998 4:40:00 PM
From: Joey Smith	Read Replies (3) \| Respond to of 186894

re:The fast way: The Nikkei goes below 14000 and the defaults start. In a defaulting environment the international fiancial system will come apart in a hurry. Governments (ours and international) wont let this happen. Korea and other SE economies have already agreed to do what is necessary to install a stable financial system, as imposed by IMF, so we wont let things totally fall apart. What we will see in the next 6 months is basically a shakedown: survival of the fittest with the weak firms either going out of business or acquired by stronger firms. We'll definitely see some slow-down in their economy short-term, the question is how much/if any will it affect the multinationals. Wont last too long, imo. Look at a mexico a few years ago and look at it now. joey

To: Paul Fiondella who wrote (44667)	1/9/1998 5:18:00 PM
From: Tunica Albuginea	Respond to of 186894

PaulFiondella,Nikkei crashed to 15000 1989 and the Dow went to 8000 from 2800 in 89! And Japan IS Asia!So much for Japan's power! Point here Paul, very simply is , We don't REALLY need Asia THAT bad! Recent market downturn I blame to lack of Geography taught in US public school system,GG. People think Godzilla is coming and it ain't so at all. They 'll wake up Mon AM and feel good: WE have VERY LITTLE DEBT in terms of budget deficit; everybody has a job at higher wages than 5-8 years ago;Schools getting better.Jobs aplenty. Grandpa retired at 60 from fat GM/Ford may hav to go back to work to boost income and will help economy grow.Europe is where THE REALL GROWTH is coming now: these are ALL HIGHLY educated people whose power hs been released from communist governmental shackles who will at the blink of an eye get hold of a PC and get to work like we did with Reagan in 1980 and catapult themselves, with us and our hardware, into the 21st century.Asian fat cuts in debt will simply go bust like the real estate fat cats in the US 7 years ago and that we'll be the end of it. TA

To: Paul Fiondella who wrote (44667)	1/10/1998 2:23:00 PM
From: john defreitas	Read Replies (1) \| Respond to of 186894

paul, your views on the asian situation and its impact in on the money, so should we say lack there of....it amazes me that so many are willing to shrug off what is going on and see this as a short term problem. in many of these booming aisan countries where a new middle class was emerging, its now going to hell...they will be the most impacted. the poor will always remain so and the rich survive. in an eariler post i mentioned i had spoken to someone from singapore who is in chemical sales and he said orders in nov down 50% and in dec-no sales....and he was in hawaii and watching his own spending..using $us he had bought eariler in the year and avoiding credit card charges as the currency dropped. many forget mr biggs from morgan stanley who closed out his asian holding right after coming back from a trip there and warned of the situation a couple months back. so, how about we start getting a prediction on intel on tues. i say they meet expectation number for quarter and have bearish comments and stock down on wed and maybe a runup later in the day...i think it should hold above $60. regards, john