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


To: Ashish who wrote (11524)5/13/1998 11:18:00 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 13949
 
Ashish- Two more blasts! Now that they finished testing, they are ready to sign the test ban treaty. Pakistan is preparing to blast. Clinton is trying to stop them.

A wild scenario - India completes testing, says she's ready to sign the Comprehensive Test ban treaty when Clinton visits, the new party in India gains local support, Clinton wins by getting India to sign the treaty and for stopping Pakistan from testing, Clinton lifts sanctions.

In the meanwhile, US investors and companies are losing. AT&T, Motorola, etc. have a large stake in India's huge telecommunications market. Numerous companies from US, German, UK, Korea, Japan, have joint ventures in India. A couple of y2k companies (CBSL, MAST, SYNT, IMRS) - focus of concern here - may not be much compared to the above foreign investments. Capitalism is a powerful force. Let us see how US companies and investors are affected. Ram