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 : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: P. Ramamoorthy who wrote (11517)	5/13/1998 12:03:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 13949

Re.: Wonder if trade sanctions are also possible that could prohibit business with India over the nuclear blasts? 1) No doubt the nuclear tests in India will tip the scales away from Indian Y2K companies in the signing of new contracts. 2) However, many Indian Y2K companies are already so backlogged with existing work that they probably couldn't take on new work even if they wanted to. 3) The deciding factor in the price of many India-based stocks, IMO, will hinge on investor emotions. The US and other counties will impose sanctions against India. Common sense dictates this will manifest itself tomorrow in India-based stocks. Story on sactions against India: expressindia.com - Jeff

To: P. Ramamoorthy who wrote (11517)	5/13/1998 12:32:00 AM
From: Ashish	Read Replies (3) \| Respond to of 13949

Re.: Wonder if trade sanctions are also possible I am not sure how familiar you are with the political situation in India. But your explanation in terms of a check list are pretty simplistic to say the least. People in power are politically very experienced to not foresee the repercussions. I think the Y2K selling today was panic selling. After a couple of days people are going to get back in. India is way too big a market for US to impose sanctions that could hurt its trade plans in that region. IMO. Ashish