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

To: Mason Barge who wrote (6787)	8/24/1998 10:22:00 PM
From: Demosthenes	Read Replies (1) \| Respond to of 10921

Mason! That's why I posted! I never posted on the subject on this thread before and was getting tired of hearing about it. If you read the link you know that the point was to forget about Russia. So I say again, and hope you agree more than last time, Let's forget about Russia on this thread. Rgds, D

To: Mason Barge who wrote (6787)	8/27/1998 11:16:00 AM
From: Katherine Derbyshire	Respond to of 10921

Why we should worry about Russia, in a nutshell: >>Some analysts say the fallout from the Russian debacle might be so widespread that it could ricochet back to Asia, where the current crisis began last year. Russia "should be focused on by investors who have never put a cent into that country; the reason is it may set a precedent for Asia in terms of how foreign creditors are treated," Hong Kong-based Christopher Wood, global emerging-market strategist at Santander Investment, warned clients in a recent report. Under one ugly scenario, Mr. Wood said, Asian governments could "nationalize" the debts owed by local companies and banks, wipe out the stockholdings of current shareholders and then offer foreign creditors only 25 or 30 cents on the dollar. << From today's Wall Street Journal. Journal Online subscribers can read the whole article at interactive.wsj.com Katherine