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Technology Stocks : Nam Tai Elec. (NTAI)

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To: DanD who wrote (1309)3/30/1998 8:33:00 AM
From: DanD   of 1696
 
Hey Guys,
Did anyone else catch the president of the world bank on CSPAN this weekend. He was addressing the National Press Club. His comments on Asia and in particular China were very interesting. He was optimistic about a recovery (especilly Korea), but the most interesting thing is that he claims the Currency of China was "unaffected" and there stock market is only down 4% from this time last year. If this is so it may make some sense to why Nam Tai has not jumped to buy up assets. The ones that are cheapest are probably in countries like Indonesia, Thailand, Malaysia and Korea.
Comments anyone??

Dan D.
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