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Strategies & Market Trends : China Telecom Ltd (CHL)
CHL 27.510.0%Sep 27 4:00 PM EDT
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To: Cymeed who wrote (103)9/7/1998 5:15:00 PM
From: Julius Wong   of 149
 
Cymeed:

Thanks for sharing your views.

I have a very small position (< 10%) in Asian stocks, and I'll ride it out. I am more concern about the US market because that the bulk of
my money is in the US market.

I am not against Mr. Soros (and other hedge fund managers) to
make money, if their actions will lead to a more stable market.
In my opinion their recent actions may lead to international
financial chaos and weaken the US market. I am not for that.

As to the fight in Hong Kong, I believe Soros will have a tough
time against the very talented Donald Tsang and Joseph Yam of
HKMA.

Julius
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