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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (16030)	10/1/1998 10:46:00 PM
From: davep	Respond to of 120523

Jenna,i'd rather be optimistic however what international economic debacles will definetely impact multi int'l U.S. corp's and their historically absurd p.e.'s.Many co's have grown their business in these unstable overseas markets which dont have safeguards or regulations against economic calamities.Weve built our economies like a long chain but a chain is only as strong as its weakest link.Asian contagion is growing like a ball of snow going down a hill.The hedge fund thing last week probably wont be the last.Its incredible to think that they intervened because if the fund had tried to liquidate their stock it would've created mass pandomonium in the equity market.How many funds are out there and are in precarious situations?None that we can see but the troubles are surfacing.I remember CCI@9.00,CMB@8,BKB@3 and talk about insolvency and doom.Just up until a couple of months ago,banks were the invincible darlings.BTW,japan is breaking 13 year old lows.If they start getting margin calls they may have to start liquidating u.s. equities to cover.Anyway this is probably the wrong thread for this cynicism and hopefully none of this will come to pass but the potential is definetely rearing its head.SWY,FDO,domestic retailers and ironically internuts,may do o.k. due to no global exposure.