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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (30862)	8/10/1998 10:35:00 PM
From: yard_man	Read Replies (2) of 132070

quote.yahoo.com^KLSE&d=1y I think it would be good to wait for the devaluation of the yuan before the third third. There may literally be blood in the streets. This thing has no bottom. I'm waiting for at least 2 1/4, maybe longer. Definitely contrarian investing. Glad I've made some good money trading the bounce before getting into EWM this last round. Would you look at FAX and see what you think? Both FAX and IAF had a small writeup in Forbes last month. Was in and out of that one for a small loss plus commisisons -- apparently they are using 30%+ of funds to buy up some asian debt, but I'm not sure when or what.

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