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


To: Worswick who wrote (3229)4/22/1998 7:28:00 PM
From: B Tate  Respond to of 9980
 
Worswick

IMHO and exact metaphor!



To: Worswick who wrote (3229)4/22/1998 9:38:00 PM
From: Stitch  Read Replies (2) | Respond to of 9980
 
Worswick;

<<What makes me unhappy is to try to bottom fish and find
you drowned in water you thought was three feet deep but it turned out was three hundred feet deep>> <<When the"bottom" comes in Asia...it's my feeling you'll have weeks or months to buy...the opportunity won't come on an intra-day low between brunch and lunch.
Sidby will get cheaper still.>>

Bernie and I were just talking about this. We agree. Although SIDBY has hit our target price we both agree that there will be a better price to buy. I haven't figured that out yet but I am working on it. Anything I would venture would be guesswork on my part. But I would not be surprised to see the Ringiit fall to 4.20 per dollar which would support a real price fall in SIDBY of another 12-13% even if SIDBY hovers at current prices.

On another front I bought Seagate today. I smell a recovery in the DD sector for that one. Here is my rationale:

exchange2000.com

Best,
Stitch