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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Bipin Prasad who wrote (30068)7/21/1998 3:07:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
InSook, >>US export like oil and grain sectors to Korea.

It gets cold in Korea and people have to eat. I don't think the world will sit by and let people freeze or starve. That being said they will turn down the heat and go on diets.<ggg> In the near term I believe oil will flow and prices will stay low until some event occurs. Food will be a supply and demand affair and Korea has a very small population relative to the rest of the world. I currently am playing the natural gas stocks and as you know ADM. Neither, are going any place at the moment.

Joan



To: Bipin Prasad who wrote (30068)7/21/1998 6:18:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Bipin or Insook, I can't see how it is good news for US chipmakers. The Korean companies will not be able to hold back inventory for long if the second half is a disaster. MB