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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Dragon 1 who wrote (53184)	8/30/1998 7:56:00 PM
From: gbh	Read Replies (2) \| Respond to of 61433

xia qiu, I'm not sure about tomorrow, but eventually, this policy will lead to a major crash in the Hong Kong market. The government's short-term fix strategy can't help but backfire.

To: Dragon 1 who wrote (53184)	8/30/1998 9:24:00 PM
From: James A. Venooker	Read Replies (1) \| Respond to of 61433

Dear xia qiu, This is very current but old news. Everyone in the world knows that Hong Kong is sinking into the Pacific the question is: 1) How low can they go? 2) Will this trigger more money into U.S. markets as the world runs for a flight to quality? In a sad way this could actually help the U.S. markets as the greenback seems to be the only place to put your money. My two cents. Jamie