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Technology Stocks : Trading TAVA
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To: R. Gates who wrote (599)8/12/1998 9:50:00 AM
From: JDN  Read Replies (3) of 655
 
dear Gates: How well do you know Chinese? I know them pretty well. I'll tell you what I think. China WILL NOT devalue its currency. They will fight that possability to the very end. Why, cause they have an ENORMOUS amount of PRIDE. That means FAR MORE to them than financial transactions. This is their chance to outshine JAPAN in a big way. They want to be THE ASIAN PRESENCE and part of the solution NOT THE PROBLEM. I wont say NEVER but I will say unlike the Japanese they will do ALL they can to prevent devaluing. JDN
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