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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: LK2 who wrote (4376)	9/6/1998 10:07:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9256

Larry, <<Stitch, I have to say I'm a little disappointed in you, keeping all the good stuff for yourself. The Malaysian stock market has exploded upward over the last week, and you didn't even bother telling us to pick up a few million shares. It looks like the Malaysian market is up 50 or 60% in one week. Is that for real?>> I could point you to article after article about the decline of foreign investment in malaysia. Can the market continue to go up solely on the basis of internal investors? I doubt it. The key is: Is this considered a chance by the locals to capture low valuations before the market is freed up again? Maybe so. There are still reasons to believe that many of these companies are in great shape. The only problem is that as a foreigner, you cannot sell and take your moeny out for a year. That is just too restricting IMO. But then, check your horizons and proceed with much caution. Best, Stitch