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Politics : Idea Of The Day

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To: Riskmgmt who wrote (16360)	1/13/1998 9:54:00 PM
From: IQBAL LATIF	of 50167

Ray- I think Ray fundmanetals and big picture was clear- Was US going thru a meltdown like Indonesia? What is Indonesia GDP? What happens if Korea is wiped out from the face of this earth? These and some questions like this use to prompt me to take a contararian view-even when markets were down huge 11% in ASEA- if I am right or wrong only time will tell but presently may be we have to look forward to some real partying-lets hope. The ASEAN crisis is not out of woods yet- but I knew one thing that most of the finacial markets are not reading it right. I became convinced more and more but if I see a break of 937 in these conditions I will be a different Ike- Ray I think I look back and only think of one thing I never deviated from the fundamentals I knew it very well that this time around we will get INTC.

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