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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (2519)9/2/1998 6:39:00 PM
From: RockyBalboa  Respond to of 18998
 
More about German stock market perception..
(a bit OT, sorry)

.. from the head of hy.., Deutsche Bank AG DBKG.F) chief executive Rolf Breuer.

biz.yahoo.com

>>>
''I rather think this is a price correction, a valuation correction but no downturn,'' Breuer said in a speech to a business conference.

''It is very exaggerated and unrealistic to see this as a precursor to a global economic crisis.''

...Breuer said German small investors had reacted with great calm to the recent stock market turmoil. (oy vey!!)
<<<

So, the correction is not over. Good times!

Christian