Thailand & Korea bottoming out? Message Board

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Strategies & Market Trends : Thailand & Korea bottoming out?

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To: JEFF CHAPMAN who wrote (15)	6/17/1997 7:18:00 PM
From: Chuck Martin	of 26

Yesterday, I swallowed hard and bought a bunch of Bangkok Bank at $8. Naturally, the SET and Bangkok Bank plunged today. I'm not too worried, but it's gonna be a bumpy ride. I guess that's the price you pay for being a value investor. I try to buy when there's blood in the streets, and Thailand is looking pretty awful. I don't think this is the bottom yet, but once things turn around, I expect Bangkok Bank to soar. BTW, thanks for the Thai Business Day link, Jeff. The news it reports isn't encouraging (today, at least), but it's better than knowing nothing. Chuck

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