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Strategies & Market Trends : HONG KONG

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To: Tom who wrote (1592)	5/13/1998 9:31:00 PM
From: Stitch	Read Replies (1) of 2951

Tom, Many many thanks for your quick and informative response. I am going to link it on our Asia Forum. For now I am on the sidelines in the KLSE believeing I will see better valuations even though the Wall Street Journal has just published a "heads up" on some of the local issues. exchange2000.com There has been an interesting fall off of the oft stated claim "We don't need the IMF in Malaysia" in the local papers. It has been replaced by a significant number of officials saying "it could get worse" kinds of statements. While it is true that Malaysia has initiated reform there is still much to accomplish in this regard IMO. It may be impossible without the IMF. I still think folks here do not understand the depth of the damage. Best,

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