Ask Mohan about the Market Message Board

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Pastimes : Ask Mohan about the Market

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To: Naveen Kumar who wrote (15101)	3/22/1998 10:24:00 AM
From: Bonnie Bear	Read Replies (2) of 18056

let's see...corrupt practices....selfishness only exceeds their stupidity...hero worship... maybe this is one of those cases where the majority are wrong, but I think the bull market---the mania--- of a lifetime will be in Indian stocks, perhaps for all these reasons. Yes, I know the awful part, but all you need is a hero that is a good guy to turn it around in dizzying speed. Or a cluster of very selfish people who figure out how to use the stock market for both personal and political gain. (As if that isn't the case in this country???) And I'd venture a guess that it will happen within the next five to ten years. In both China and India I think the real hurdle is the development of a legal system that provides some protection to securities holders.

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