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 : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Flint who wrote (12421)	10/11/1998 9:38:00 PM
From: Savoirman	Read Replies (1) \| Respond to of 13925

Hedge funds that can gear up on US$4b to have a US$200b exposure are really very frightening. That's certainly bigger than the Singapore stock market capitalisation, even in the good old days. And that's just ONE hedge fund. I think much more will be revealed about hedge funds in the months ahead. A few more will need to be rescued, and when we put bits of information together, the modus operandi will become clearer. Hedge funds have been run very secretively so far. And whatever Mr Soros says needs to be taken with caution, as he is the inventor of "reflexivity" or the ambiguity of reality and perception. Dr Mahathir may be overshooting his mouth, but he was about 75% right, which is far better than the outright nonsense many "experts" have been blathering on about for the last 15 months. In stock market terms, this guy is a major contrarian who has beaten every other analyst in the world in the direction of his call. Flint, I think the Malaysian market's decline started earlier than Renong/UEM. I think it started after Bank Negara's botched up attempt to control lending to "unproductive" sectors of the economy, way back in early 1997. The lousy implementation of that caused the market to suspect that nothing was going to improve in corporate Malaysia, and cronies will always have their sugar daddies to look after them. Also, the fact that the market was so poorly regulated made it easy for the whole thing to collapse soon after. But, you're right about Renong/UEM - that was major!!!! Yeah, Creative has pretty poor investor relations. I have not seen one single company visit report before in Singapore, except for the briefings they hold after results. Maybe the business is soooooo competitive that anything leaked to DIMD or AURL will affect the bottom line? I somehow think a Director of Investor Relations will have a horrible time, because so many questions will be deemed unanswerable, going by Creative's record of declining to give details.