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To: craig crawford who wrote (30647)1/15/1998 9:38:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 61433
 
Which part is fact? That Europe is stronger or that it will pick up the
slack?

Craig,

Europe being stronger is fact. Picking up the Asian slack is fact at present but not so sure about the future.

How can Europe be immune to the problems in Asia, while the US (which is
stronger) is not?

Europe is not immune to the Asia problems. Likely, the telcos and ISPs may be. Many other industry sectors will suffer. I couls not possibly predict the overall impact. We both know that.

Glenn



To: craig crawford who wrote (30647)1/15/1998 10:20:00 PM
From: Yarek Szolomicki  Respond to of 61433
 
I think Europe will not be affected as much by Asia as the US because Europe is a fortress. Asian companies are allowed to sell fewer goods and trade barriers are much higher. Something the US should consider instead of bailing them out. But then again Asian business is in bed with US politicians. Go figure.


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