SI
SI
discoversearch

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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (16980)10/22/1998 8:06:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 152472
 
Maurice,

OT - chicken report.

Head chicken little is still chicken, may be less little now.

Remember when I first turned bearish, my fear was a meltdown, vs just the run of the mill correction. Well, most of the world's economies have played their cards now. There is only one big potential problem left - Japan. The yen is unreasonably high. I think if the yen drops to 140-150 range and Asia does not fall apart as a result, then some type of a bottom have been reached. Aside from $90B IMF warchest, Japan is likely going to be screwing her citizens out of $1 trillion to bail out the region. This is some serious money.

I started buying back some of the shares that I sold. Just can't resist. Hate to feel like an idiot if 3G, ERICY lawsuit settlement and/or fantastic earnings news come out and I am sitting on the sidelines.

Before you get too excited and rush out to margin more shares, here is the bad news. Su Vacation starting soon.

Chicken not So Little
Ramsey



To: Maurice Winn who wrote (16980)10/22/1998 9:08:00 PM
From: gdichaz  Read Replies (1) | Respond to of 152472
 
To Maurice: Much appreciate the education. Your history lesson is instructive. Seems like you may well have the explanation. Thank you. Chaz