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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (7131)	2/2/1998 4:37:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116764

Paul. Is Indonesia much different that todays action on Wall St.?AOL loses money and the stock broke 100 today! dave

To: PaulM who wrote (7131)	2/2/1998 5:13:00 PM
From: Little Joe	Respond to of 116764

Paul: IF IT IS TRUE - maybe the old axiom to buy when there is blood in the streets applies. I just received a newsletter "Oil and Energy Report" bob Czeschin who advocates buying the Malaysian market and particularly Tenaga Nasional, its largest electric utility company. He feels that the country's strong resource base will earn U.S. Dollars, that the government has taken the proper steps to stop the bleeding and (this is interesting) IT DID NOT TAKE M0NEY FROM THE IMF, which he says has mismangaged the Asian crisis. It says IMF has made things worse. He has a chart which is real interesting. Currencies of asian countries that took IMF money have dropped on average 50% and curreincies of those that did not dropped on average about 25%. Of course, this could just mean that those who took the money were in the worst shape, but it is sure food for thought. He is not recommending buying other Asian countries. I have found him to very good at picking stocks. Live long and prosper, Little joe