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Strategies & Market Trends : Asia Forum

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To: Stitch who wrote (1797)1/31/1998 10:10:00 PM
From: Tommaso  Read Replies (2) of 9980
 
Stitch,

There are some of us who are simply astonished at what occurs in a very brief period when what we took to be a long-term investment rises much faster than anyone could have anticipated.

I think that I made it very clear that I considered this an unusual situation and I really do not see that there is any need to rebuke us for expressing amazement at what has happened. Indeed, the first thing I said was that I expected to see this go right back down again.

It does remain true, though, that we went ahead and made a commitment instead of sitting there opining about waiting for further confirmation. Indeed, I would have been in sooner except for problems getting through to the Matthews Korea Fund.

My own intention is to hold my position for perhaps as long as two years. Please check back in at that time to see whether I have sold.
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