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Strategies & Market Trends : HONG KONG

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To: ---------- who wrote (1374)3/5/1998 11:27:00 PM
From: Tom  Read Replies (1) of 2951
 
Doug: I may have posted this a while back. Can't recall.

Hang Seng Bank use to drive analysts and some fund managers cuckoo when their earnings would come out beyond expectations. Especially the ones who weren't weighted well enough to enjoy a quick rise in the share price.

They always had that rabbit in a hat somewhere, and pulled it out on more than one occasion. But, one could never plan on them going to the well in every instance. I use to laugh like crazy reading the financials after they reported such earnings.

Yep, drive them absolutely gah-gah.

(lol) I gotta go.
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