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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (2942)	1/18/1998 10:15:00 PM
From: ----------	Respond to of 4697

Zeev: I'm not certain about all the HK banks. I do know for a fact that HSBC was initially reported to have exposure of $US 3billion. The TRUTH is, their total exposure is $HK 323 million (roughly $US 41million). SI used a quote from one of my posts on the HK board in their ASian Tigers feature that describes the Peregrine loan to Indonesia. As I noted, I haven't seen anything like it since the S&L loan debacle here in the late 1980's. While this situation has an indirect bearing on WFR, out of respect to those who prefer this topic be a little less broad, I would offer these two links for research: scmp.com hkstandard.com Also, if it is something you wish to pursue, you know I will gladly respond in detail via e-mail to you. Regards, Doug