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Technology Stocks : Deswell Industries (DSWL) -- Ignore unavailable to you. Want to Upgrade?

To: jmt who wrote (977)	9/10/1998 8:46:00 AM
From: Ron Bower	Read Replies (2) \| Respond to of 1418

jmt, Feel US markets will be weaker but still overvalued because there's no place left for the investors to go. No predictions, but I don't feel it will go as low as the devout 'bears' think it will for this reason. $HK and yuan. I'll maintain the position I've held until I see something happening in HK/China that would cause them to devalue. China is relying on the domestic economy to ride this out. HK cannot weaken on the $HK because of the asset values (banks & real estate). I'm looking at the stability in HK/China compared to the rest of the region, but the picture there isn't good. Posting this, but when you read it remember that they are projecting 6-12% contraction of Asian and L/S American economies and that the HK property market strongly influences the economic numbers. biz.yahoo.com You should be posting to the Asia Forum. Best, Ron