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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: HB who wrote (10975)	12/11/1997 11:12:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 18056

Howard (and bonnie too) sorry for the late reply. Re. India, there is a big article in this week's Barron's. Due to the increasing popularity of this thread I am hesitant to post the article here. But, it pretty much calls things right. A must read if you are interested in India. I will be able to give a first hand assessment of the situation late in January after I return from a 3 week trip. Elections are to be held sometime in late Feb. Perhaps taking some position in mid Jan is a better idea. But for now, I would rather let the things around the world calm-down a little. Why? In the event that rumoured devaluation of Chinese currency becomes reality, India HAS to follow suit even before the election. The worldwide carnage, then, will be unbelievable. IMHO. -Mohan