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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (3224)4/21/1998 10:12:00 PM
From: B Tate  Read Replies (1) | Respond to of 9980
 
Stitch, Worswick and all;

SDarby closed yesterday @ 3.44 down .08 I believe. I thought the market would turn last week after a week of down moves. Hmmmmmm really got that one wrong. Even the sources i use that have been very reliable in the past have come up confused to say the least.

The water issue is on everyone's mind so much, they talk of little else. Most of the daily efforts are spent trying to figure out who has the water and where can they wash and eat. Truly an absolute abortion of a magnitude that boggles my mind.

The real issue is even deeper, with the lack of information (intentionally witheld by the gov't in my opinion), I don't really believe ANY information about the water supply or its quality. There will be a substantial rise in Cholera, already beginning in Sarawak, and Denghi. - 200 cases of Denghi reported last week in Indonesia according to the Bankok Post - As you know Stitch, a significant rise in either of these diseases will cause a mass exodus from 'Paradise'. Not only those ex-pats still here, but anyone with money will send family out of here. Remember the "haze" of last year and the flood of embassy personnel exiting at the airport?

Speaking of "haze", did you see the article in Monday's NST?
****

STOP DESCRIBING IT AS HAZE, TV STATIONS WARNED

Informatioin Minister Datuk Seri Mohamed Rahmat today warned private television stations, particularly newly launched NTV7, not to blow the haze problem out of proportion.

If they persisted in doing so, he said, he would revoke their operating licences or not renew them.

"The operators of the television stations are not thinking of the country's interests," he said. "They are just thinking of returns on their investments."

Mohamed denied that there was any haze in Malaysia presently and requested that the local media "focus on the positive, and not the negative."
....they can report on the fires and action taken to put them out, but they should not label it as haze.

Mohamed said it was acceptable if television stations showed footages of poor visibility with the explanation that it was caused by the fires.

****

I guess that the difficulty I have in seeing the twin towers from here, (less that 1/2 Kilometer) is due only to the fires. Hmmmm couldn't be diesel smoke or two stroke smoke or garbage burning next door. Hmmmm Paradise is truly LOST!

BTW While in Phuket I read the Bankok Post every single day. A truly great paper IMHO, called the shots as they saw them. Didn't agree with everything I saw printed, but the tone and general information was first class. If only the NST had the same latitude and could call the news as they saw it .......

Sorry for the long post folks.

Regards
bt



To: Stitch who wrote (3224)4/22/1998 9:54:00 AM
From: Sam  Read Replies (1) | Respond to of 9980
 
Stitch,
RE: "disk drive (especially component) manufactures and wafer fab getting hard hit."
Do you mean that they are getting hard hit in the market, or in terms of not being able to get water? Or something else? Do they produce enough to actually create shortages in components?