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Strategies & Market Trends : Asia Forum

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To: Robert Douglas who wrote (8397)	3/22/1999 8:33:00 PM
From: Stitch	Read Replies (1) of 9980

Robert, <<What I am wondering about lately is whether what we have just seen in the price of oil will be become a pattern for other commodities in the next few years? >> <<It's textbook economics really.>> I have to be careful in commenting on the above, so as not to over trivialize but I agree. I have long maintained that the Asian economic collapse was going to resolve into a singular opportunity for investors and still believe so. Through much of the first 18 months after the devaluation of the Thai baht, that many people mistakingly regard as the beginning of the crisis, I thought the opportunities would present themselves in Asian issues. I watched companies like Sime Darby, UCOM-Thailand, and other regional issues. But now my attention has turned to investments that I believe offer more safety (read transparency) and oil is one of the sectors I believe in. The other that I am starting to look at is pulp and paper. Best, Stitch

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