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Strategies & Market Trends : Asia Forum

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To: Jack Clarke who wrote (966)	1/16/1998 9:28:00 AM
From: Mohan Marette	Read Replies (3) of 9980

Hi Jack, please don't think I am trying to be condescending or anything, but you haven't heard of the Asian Contagion yet!To say the whole of South East Asia is going through a certain financial turmoil would be an understatement. As for the U.S economy being strong etc,I think it is because our economic fundamentals are strong, but this Asian thing may take out .5-1 % from our GDP. Now to respond to your comment about the 'worst fundamental valuations in history',I don't think so,at least not any more,I think by now we must have corrected this anomaly and the stock prices reflect it. Cheers

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