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Strategies & Market Trends : Asia Forum
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To: Worswick who wrote (7942)2/5/1999 10:59:00 PM
From: Zeev Hed  Read Replies (1) of 9980
 
Worswick, as I thought a fortnight back, the Korean market has retrenched a good chunk in the last week or so, and while that might continue a little longer, I think it might be worthwhile to start nibbling there. One good entry could actually be through AMKOR, the valuation has been clipped some 30% from its recent recovery high and i think a good entry point could be between the current price of $9.5 to as low as $8 (we could have a nasty spike down early next week, so say the turnips...). A little more pestling will make it quite attractive.

Zeev
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