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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (5637)	1/4/1999 1:17:00 AM
From: Kitskid	Respond to of 78717

Read and reread your post and am really happy you didn't say anything negative about Canadian equities. They were down about 3% in 1998. 1999 could see an upturn for the resource based stocks. Hard to imagine them going any lower.

To: Ron Bower who wrote (5637)	1/7/1999 3:53:00 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 78717

Ron: HK/China equities..One of the major overhanging risks in this region has been the possibility of Chinese devaluation. They seem to have weathered the storm and this is now lower probability..but the peg to the $ isn't etched in stone. About the time anyone becomes complacent about currency's stability the thing falls apart. Purchasing power parity is no way to trade currencies, but can give an indication of long term value there in the same way p/e, p/s, & p/b give indication on the value of stocks. If you have interest in foreign plays, take a look at one of my favorites FSACF biz.yahoo.com I like the fact that they report in the US so you get much better info. PB .6 PS .07. They show a loss because the share price was lower than had been specified on a buyout and they had to make up the difference. The underlying biz appears to be strong.