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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Bear Down who wrote (5152)12/16/1998 10:11:00 AM
From: Mad2  Respond to of 18998
 
Chemical sector
Issues driving this sector are exchange rate and asian related. Fundamentaly companies in commodity sectors where capacity exists overseas are suffering intense price competition as Koreans and Japanease are attempting to make up for shortfalls due to economic contraction. Random shorting this sector without knowledge of business could lead to a poor pick.