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To: vip who wrote (26434)	12/29/1997 5:09:00 PM
From: Jim Patterson	Respond to of 176387

RE: Even this flu is being cured fast by IMF, G-7, U.S. and we all know that this antibiotic will take care of Korea's flu. Can I take this to mean that you think that the 50-70 Billion bail out package will have the same results in Korea that it did in Mexaco? FTR, the Mexican problem was about 45 billion and it was fixed in 6 months- 1 year with about 50-55 billion. The Korean problem is close to $ 650 Billion !!!!!! Perhaps worse. There is much information that has not come out yet. Japan's situation is getting worse, The tax cut is not expected to stimulate demand. Notice the Niki is going down again. Have you heard (this is only rumor at this point, but I find it very believable) China may be experiencing some banking problems. India, Did anyone lnow that they are having their own crisis. Only they were not leveraged to the extent of the AP. HK, Phillipens, Tiland, these are in the AP also. Korea's problem is so big, it just make us forget about the countries that got sick first. Matter of fact, it was HK that started the whole thing. Sounds like you think this this is just a sniffle. It may be Bone Cancer. Jim FTR, bone cancer hurts a lot as it destroys your ability to make red and white blood cells and destroys the very basic skelital structure that holds the parts of your body functional position. something like that.