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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (42128)	4/13/1999 8:47:00 AM
From: ldo79	Respond to of 95453

Agreed - the "spinmeisters" at work. Regards

To: Big Dog who wrote (42128)	4/13/1999 9:46:00 AM
From: Aggie	Respond to of 95453

Ido79, Big Dog, hello, I agree. Making that kind of comment -- that the recovery in Asia will be delayed or snuffed out because of rising energy prices - is exactly the kind of "safe bet" hedge that these talking heads are renowned for. It's a way of laying groundwork for future excuses. Asia's recovery is going to be driven by strong and ongoing demand for its manufactured goods, as subsidized by cheap labor and a low cost of doing business. The costs of energy -- especially at the prices available now - are still less than they were two years ago, when everybody was going bananas about Asia's growth potential. That potential is still there, it's just been slowed down for 2 - 3 years, IMHO. Best of Luck to All, Aggie