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To: Ed Pettee who wrote (214)1/6/1998 3:39:00 PM
From: FARRIS  Read Replies (1) | Respond to of 7701
 
I would be surprised if the payback is really 75%, but then who cares -- 25% of a lot of money is still a great profit for NRAG.

Korea is fine on the local level. These people are very egocentric. The world revolves around them and their country as far as they are concerned. They view the Won as a stable currency and the dollar as the wild ride. They do not have a firm grip on economic realities. This is the man on the street and the well-educated ones with whom I work both directly and indirectly.
Buy Won if it hits 2000 to a dollar. Buy all you can. I bought it the first time and cashed out at 1320. Looking for round two very shortly.
Eric