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 : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: ed who wrote (13784)	1/17/1998 3:48:00 AM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 97611

ed, you're beyond reason if you think this is simply a shortage of dollar reserve. What about those HUGE debt-to-equity ratios, ed? re Think abou that why one year ago Korea's economics is so strong and why not now? The industrial fundamentals are sound, the problem is the short term debt. That's where we disagree. The big Korean conglomerates were hugely over-extended with truely gargantuan debt-to-equity ratios. Their goals were not profits, but simply gaining more and more industrial capacity, simply for the sake of growing bigger. Further, too many companies didn't leave themselves enough financial cushion in case the currency fell. Now is the time for Korean companies who have been fiscally responsible to snap up weaker companies for cheap. DK