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Strategies & Market Trends : Thailand & Korea bottoming out?

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To: Spekulatius who wrote (2)5/28/1997 3:35:00 AM
From: Tom   of 26
 
As I write, just placed order for more Thai Farmers.

I have been following them, as well as I was able, since Mark Mobius of Templeton touted them in a fund report in 1992. They are one of the best managed enterprises on the SET. Have been for some time. Many know this. That said, believe it prudent to accumulate prior to the offshore funds returning to the action and driving the price out of range. Speculative? Yes. Always possibility of baht devaluation, but at these prices my best diligence reveals only 1/2 point on the downside.

Good luck!
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