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Strategies & Market Trends : HONG KONG

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To: Julius Wong who wrote (1369)	2/26/1998 2:06:00 PM
From: Tom	Read Replies (1) of 2951

Yes. I had to take some profit on one issue, but I only intended it to be short-term. However, my infrastructure investments must remain. Principles involved. Though I have not purchased GSH as yet. Don't let the train leave the station without me, Julius. More talk currently of the U.S. FOMC raising rates. I suppose it's probably for real this time. Recent reports also indicate some concerns are finally beginning to understand just how much wealth is wielded in the Far East, and the impact that (as some of us knew long ago) will soon visit the United States. I don't believe it will have the effect that prior moves in U.S. rates have had on the Hang Seng, but am never-the-less hoping for a buying opportunity. (Back to work.)

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