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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (11297)	12/11/1997 12:27:00 PM
From: bearshark	Read Replies (1) \| Respond to of 94695

Mark: There were several good articles about S. Korea the last several days that highlighted a number of their problems. After reading several different articles, I reached a conclusion that a substantial number of the companies, divisions, or parts of the Chaebols are redundant and not capable of making money. A significant number of these Chaebols are seeking legal protection from their debts. The debt to equity ratio in these things is hard to comprehend. In the end, a substantial amount of these parts must be eliminated or merged into others. And this is only part of the problem.