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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: FUZFO who wrote (35362)	2/19/1998 7:46:00 AM
From: Joseph Pareti	Read Replies (2) \| Respond to of 61433

>07:24 INDONESIA STOCKS UP 5%; >S. KOREA UP 5.3%. This is obviously good news, but the fundamentals remain gloom. businessweek.com I wouldn't call this " a glitch in the road"

To: FUZFO who wrote (35362)	2/19/1998 9:06:00 AM
From: Joseph Pareti	Read Replies (1) \| Respond to of 61433

OK the good news is we have a deal to roll over south korea debts, but the liquidity crunch remains the major concern, short and medium term >Local companies' rollover rate of >short-term debts recently reached 70 percent or > more, easing concerns that Korea >would face another acute currency crunch in > March, market analysts said. > >However, Japanese banks, whose >loans to Korean enterprises and financial > institutions account for 25 to 30 percent of Korea's >total foreign debt, are moving to > call in loans extended to >domestic enterprises before closing >their books March 31. koreaherald.co.kr