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Pastimes : Ask Mohan about the Market

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To: robnhood who wrote (12771)1/7/1998 10:12:00 PM
From: Zeev Hed  Read Replies (4) of 18056
 
Russel, the philipinse are down 7%, it seems they are taking them one by one and shooting them. I hope you did not expect a straight line down, they got to catch their breath. The korean market is now worth only 25% of what it was at its recent peak (and before every one gang up on me for inaccuracies, taking into account the nominal price decline and the halving of the WON, after all those stocks are quoted in WON last time I checked).

Zeev
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