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


To: Scott Maxwell who wrote (6644)8/14/1998 10:35:00 AM
From: LLCF  Read Replies (1) | Respond to of 10921
 
<Notice this cycle: Investors notice underutilized human resources of East Asia, and freed by political developments rush capital into region. Development booms,companies grow, momentum builds, prices of currencies and resources are bid up beyond world levels. Managements grow fat and corruption builds.>

I agree except: for the order... ie. corruption was probebly always there, not caused by the inflow of capital. Example: Indonesia

DAK