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Strategies & Market Trends : Asia Forum

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To: Pierre-X who wrote (1133)	1/19/1998 6:52:00 PM
From: Thomas Haegin	of 9980

PX, I think your reasoning makes good sense. The thing only is to find soundly financed and reasonably well positioned S.Korean cos. at this time. I just don't know any (never looked into it so far). Also, you may want to make sure to know whether the target cos. accounting is Korean accounting standards or at least IAS or maybe even GAAP norms, and who their auditors are... Politically, out of necessity, in Korea things are more advanced already in that they have a new president. So yes, buying reasonably sound cos. now is generally the right thing to do IMO, but I have no confidence that this whole thing is over already. Probably no need to rush in here, good time for research I'd say. PX

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