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 : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: allen menglin chen who wrote (1484)	8/11/1998 8:28:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 2578

But I doubt that even 6,000 is the bottom. Dividend yields are already very high and P/Es low. Compared to Japan it's (HK) a bargain. David

To: allen menglin chen who wrote (1484)	8/11/1998 9:20:00 PM
From: lin luo	Respond to of 2578

------OT-----HK market Any markets or stocks which have more than 60% correction will have a hard time to come back. Hong Kong market is mainly driven by its futures market which I think is only played by the locals (traders, no big institutions or funds involved). Those traders know where to stop (hopefully). Those futures markets are the most dangerous places on earth. I am sure after this round of selling, some of them have to sell their houses or even wives to repay their debts. The Chinese will not devalue their yuan, otherwise it is like put a On-Sale sign on their neck, and also it will not do them good. Yen is the problem, but it can be easily solved. US, China and Japan can just dump $10 bil at 4:00AM through InterBanks and those traders will lose everything. Timing is critical. It has to be done after those speculators themselves think Dollar is topped.