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 : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Hal Butler who wrote (5953)	6/21/1998 7:23:00 PM
From: Jess Beltz	Respond to of 10921

Hal, their is a tremendous momentum building in Asia right now, and particularly in Japan. The yen has been in virtual free fall, and even though the US and Japan may try a coordinated intervention to prop up its value, the consensus among analysts that I have heard from the region is that without substantive reforms in Japan, no artificial efforts to prop up the currency will stop the slide. As the yen tumbles, of course the regional currencies, and their economies go with it. Even now, that is building the pressure on the Japanese to do something, and quickly. Thus, I feel, either the whole economic system in SE Asia will go down this Summer, or the Japanese will begin the painful process of reform. Either way, now, I think we'll know sooner rather than later. jess.