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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (664)	1/7/1998 5:57:00 PM
From: borb	Read Replies (1) \| Respond to of 3902

If Korea follow Japan's past trend, possibility is both stock and currency go down due to lack of foreign investor's interest.

To: Tommaso who wrote (664)	1/8/1998 12:28:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 3902

<<<<Meantime, guess I'll just try to get a chart on MAKOX ......i don't pay attention to short term fluctuations--in 2 years the won will be higher and the korean stock market will be higher. when investing in foreign markets you can assume that both the american and the foreign currencies will fluctutate, thus canceling out the changes in the LONG TERM. ......that being said, i think that the u.s. is a strong currency and the won is weak, in 2 years we expect the won to strengthen in relation to the u.s currency. so you get two plays--increased currency and market strength. but in the short term, it is anybody's guess. if you want to be safe wait 3 more months to invest in korea.