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 : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (7674)	12/8/1998 9:10:00 AM
From: Defrocked	Read Replies (1) \| Respond to of 9980

OT The Riyadh Hyatt I have always thought one of the sickest jokes every played on a culture was the selling of Mercedes and BMWs to Saudi's who couldn't drive, putting roundabouts at every intersection and imposing a religion that abhorred the use of car insurance as an anathema to Allah.<g>

To: Worswick who wrote (7674)	12/8/1998 9:22:00 AM
From: Sam	Read Replies (2) \| Respond to of 9980

Clark, <<I may be missing something. Is this a country that is embracing free markets? Is this a country to invest in with great potential? Nothwithstanding all the vulture investors here rushing to Asia to buy sold down assets in Asia... something greusome is happening here. Well, the truth is...they have crappy input. They are, in addition, total unrepentant liars. They have a crappy product. They have a glutted market. Am I missing something?>> Harsh, but...true. Or so it seems to me as well. They not only "have a glutted market", they have strongly helped to MAKE a glutted market. The only glimmer of hope in this is that by reducing the number of players, it may make it slightly more possible for those players to shutter some capacity. However, doing all of this by govt edict doesn't imply much comprehension of what the "private" sector is about, and doesn't induce much optimism in me. <<Who is going to buy all this stuff that Korea, China, Thailand, Japan and the etc's of Asia, need to get out from their financial black holes?>> As long the workers who produce all this stuff get paid "rice wages", we will inexorably be led to deflation and social/political unrest. It seems to me inevitable. s.

To: Worswick who wrote (7674)	12/8/1998 10:02:00 AM
From: Stitch	Respond to of 9980

Clark, <<where is the liquidity going to come from to buy all these Huyundai cars? >> Good point. Thats a lot of hats. Best, Stitch

To: Worswick who wrote (7674)	12/8/1998 4:48:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

G'day all - dear Clark, while I agree the old boy network [or dare I say, a blatant form of cronyism] is quite an abomination [unfortunately alive and well!] I think it is important to measure the moves with proper time scale.] Remember the chip war of the 70s that led INTC to withdraw from the DRAM market? Most of us may not want a Hyundai automobile, but the chip fabs [their production and QA/QC equipments included] are made by some of the finest shops like AMAT etc. The scary thing is that the Koreans may have the last laugh if many of our computers are powered by their DRAMs! Maybe that is why MU is riding high even though the chip market has not totally turned around. best, Bosco [who has been caught drinking thunderbird in the back alley and kept mumbling something like "brother, can you spare a mercedes benz <vbg>?"]