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: Ramsey Su who wrote (6508)	8/7/1998 8:37:00 AM
From: Mason Barge	Respond to of 10921

I think the industry has just about decided that it will base its projections on continuing difficulties in Japan/Korea. My feeling of general sentiment, at this point, is that the US and IMF will just let them experience the natural result of their intransigence. As my mom said, "You buttered your bread, now sleep in it" (or was it, "you made your bed, now eat it?") Everyone seems very tired of telling them what to do. With China needing economic assistance and therefore not posing a military threat to S Korea, it can just become a third-world country again if it doesn't have the stuff to compete. And Japan can't lead and won't follow -- so it can just get out of the way, please. We're almost sure to see the yen over 150 in the near future and the Nikkei under 14,500. The only hope now is to try to bolster the Chinese interests, i.e. HK, mainland, Taiwan, which seem to be acting more conservatively and responsibly.

To: Ramsey Su who wrote (6508)	8/7/1998 10:35:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 10921

Ramsey, you said it well dont forget the dumber elements (economically) of Eastern Europe... Russia is entering the abyss, recently voted down the IMF package... at least one or two former Soviet Blockhead nations will succumb Hong Kong is the fuse just like Oct97... it will pre-sage China devaluation, which I expect before Christmas I fully expect the US stock market to experience 2-3 more shock waves and pick itself off the floor at 7500-8000 Dow I could be wrong... I shorted chip equips in July and saw my assets separated from my ass... just like a company's business must be distinguished from its stock, my impulsive trading decisions must be better coordinated with my analysis I just want to be able to retire before my teeth are all gone, and while I can still rush the net in tennis / Jim Willie