WEBS MALAYSIA (AMEX:EWM) Message Board

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Strategies & Market Trends : WEBS MALAYSIA (AMEX:EWM)

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To: Rational who wrote ()	10/14/1998 2:07:00 AM
From: peter michaelson	Read Replies (2) of 33

Rational: I've seen the announcements that EWM is valuing the ringgit at 5.07:1 USdollar. Do you happen to know what exchange rate is used by MF? It's an attractive spread between discounts/premiums for EWM vs. MF but it has been that way since July for the most part. Over the past year or so I've made good money exploiting this disparity, but haven't attempted since the currency was frozen in September. peter

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