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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (43013)1/12/1999 10:24:00 AM
From: yard_man  Read Replies (1) of 132070
 
I sold CH last year after the ex-date thinking to buy back, but it ran away. Now it's starting to get back to a price where I would like to buy.

Re: Brazil -- it is looking like it might give up the ghost -- there will likely be a devaluation after the IMF funds have found their way into the pockets of foreigners or some undeserving bankers. I would expect that this will effect Chile in at least a couple of ways --

1) Guilt by association when it comes to asset prices

and

2) longer term with respect to trade between Brazil and Chile, when the magnitude of Brazil's slump becomes apparent

Would you recommend waiting for devaluation of the real before purchasing CH shares?
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