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Pastimes : Ask Mohan about the Market

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To: yard_man who wrote (13239)	1/19/1998 12:55:00 PM
From: Zeev Hed	Read Replies (1) of 18056

Barry, I am really not qualified in any way to respond. I just do not buy or sell in those markets because these are not trasnparent enough for me to estimate fair valuation of each equity. I also think that the ADR often have premium (and sometimes discounts) which would require too much attention on my part to make good entry and exit decisions. I am trying to observe the genral economic trands and how these might impact US investments I might be interested in. Maybe some of our resident Asia Gurus could be more helpful. Here you are, you just exposed another facet of my infinite ingnorance (G). Zeev

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