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Biotech / Medical : Centocor ( CNTO ) -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (633)	4/5/1998 3:14:00 PM
From: PawPr	Read Replies (2) \| Respond to of 965

I agree 1000%. Asia will have a much bigger impact on the US than anyone realizes and it will affect a lot more than technology companies. A recent Business Week article talked about all the heavy duty machinery being returned from Asia ( since all construction has stopped there ) and being sold here at deeply discounted prices. That has to have an impact on companies like Deere and Caterpillar, although you wouldn't know it looking at their stock prices. I was in Mexico a few years ago during their economic crisis and believe me it ain't pretty. Whatever happened to that crap about a global economy everyone was talking about until recently? All of a sudden a region with a huge % of the world's population doesn't matter! And the smug bullishness of those jackasses on Wall Street Week also smacks of the lack of appreciation of risk you see at a market top. I don't necessarily think its going to happen right away, but its going to get ugly sometime this year. As for me, now that I've cashed out most of my stocks ( I'm still holding ABX, CYPB and IMII, and I'd like to get back into oil/oil service in a correction ) I'm sleeping a lot better. I'd better shut up as this is the CNTO thread and I don't want to waste anyone's time with anymore ranting and raving