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 : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (13146)	1/13/1998 2:06:00 AM
From: allen menglin chen	Respond to of 45548

<<off topics: Asia, China>> Big short opportunity gone in China ADRs? How bad is the Asia problem? You might have heard that HK HSI down down from 16,000 to 8,500 in less than 6 months. Looks like China has not been affected yet. But look at China ADRs trading in NYSE. ZNH and CEA were down more than 50% since Oct 27; and down 60-70% from its late August peak. Many other China ADRs have the same faith. Last week while HK lost about 20%, average Chinese ADR down 40+%. China is the closest nation to SEA, if these ADRs show no sign of rebound, you can imagine how bad is Asia's problems, including China. You can argue that Chinese currency is under devaluation pressure, and many other factors. My point is if China, the closet neighbour of SEA, is affected in such a degree, that high-tech firms with exposure to Asia might have same faith, although less severe.