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Strategies & Market Trends : Asia Forum

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To: peter michaelson who wrote (1641)	1/27/1998 8:59:00 PM
From: Derrick P.	Read Replies (3) of 9980

Peter, Hey I agree with you. I didn't say it was logical, I just tried to explain why it might exist. You also added many good reasons, (not justifications). Looking over the Thai ADRs I noticed that there were none for Thai banks as I mistakenly mentioned. I do have an international broker who was suggesting buying them directly though. I believe the commission scared me off. Does anyone have thoughts on Shinawatra Computer & Communications PLC which is available as an ADR, SHWCY ? It was recommended by Vivian Lewis, a newsletter writer, a few years ago when I subscribed. I appoligize if I am distorting this wonderfully global thread in an American direction, as certainly these problems of ADRs and CEFs do not apply to all. To all who expressed appreciation for the links, you are most welcome. Glad to be able to give something back to this thread. Best Regards Derrick PS: Now if I can just get Zeev to do some TA for us!

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