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 : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Melissa McAuliffe who wrote (1986)	8/28/1998 10:41:00 PM
From: Eddie Kim	Read Replies (1) \| Respond to of 4509

Interview with PSFT's CEO: infoworld.com

To: Melissa McAuliffe who wrote (1986)	8/30/1998 1:23:00 PM
From: Chuzzlewit	Respond to of 4509

Melissa, I have been investing in the stock market since the early '60s. I think it's fair to say that during that time the market has always been "global". There seems to me that there is a tendency for a substitution of jargon and hyperbole for real thought and introspection, and "globalization" is just one more example. The depression of the 1930's was "global" in nature. Certainly international trade has increased, and to the extent that you are invested in companies with a strong international presence you are vulnerable. But think about this: Japan, which is the world's second largest economy, has been either in a recession or the economic doldrums for the past decade. That country is one of the great exporters, yet their problem was relatively contained. From what I can tell, there is no sign of an impending recession. I think we are seeing investors worrying about decreased growth in corporate earnings. I can well understand the pull-back for companies like KO and Gillette, which I think were never really growth companies to begin with. I really don't see it for the ERP sector. If I had cash I would be buying like mad right now. TTFN, CTC

To: Melissa McAuliffe who wrote (1986)	8/31/1998 10:16:00 AM
From: Lutz Moeller	Respond to of 4509

Melissa, I agree on your point international diversification means today something different, than in years ago. Look at SAP AG, a german corporation. 70% SAP biz is outside Germany, a big portion of it is in the U.S.A. Look at Baan NV, same thing, as far as I know they actually hava a large portion in the U.S. A., including people. The Nasdaq dived 9% last month, now down 18% since july high. The Russel 2000 dived 27% since april, now I call that a bear market. Do You have an idea, up to which Mkt Cap the Russel 2000 reaches? I own mostly small cap growth stock, which have been hammered badly since last autums high, befor the asian crisis. My portfolio is 50% down since then. But when the time is bad to sell stock, maybe the time ist to buy? I shall wait until quarte end , when earnings warnings pour in. Can news become wors? I doubt. Maybe then is time to be brave. Regards Lutz