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.

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

To: MikeM54321 who wrote (4277)	6/8/1998 10:50:00 PM
From: MikeM54321	Respond to of 9980

Now here's another view of why Taiwan tumbled and it didn't even mention the restrictions on shorting their currency? It did mention something else a little troubling though. It's concerns inventory buildup in the US. I think we talked about this earlier when the 1st quarter US GDP numbers were released. Something like inventories increased a substantial $100 billion, right? >>Asia Mixed as Taiwan Tumbles LONDON (AP) -- European markets surged Monday, catching up to last week's record-breaking results on Wall Street. In Asia, trading was mixed, with share prices tumbling in Taiwan but rebounding in Hong Kong. Taiwan's main share index shed 2.5 percent as investors dumped technology stocks because of worries over the prospects for high-tech companies, dealers said. They said investors were concerned that reports of rising inventories at major U.S. technology companies will mean less business for Taiwan companies later this year, dealers said. The Taiwan market's key Weighted Stock Price Index fell 217.38 points to 8,508.56.<<