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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (1060)1/12/1998 12:12:00 AM
From: Michael Bakunin  Read Replies (2) | Respond to of 2951
 
Whew! HSI under 8,000 at the lunch break. It should be a great day in the market tomorrow.

A cogent, if belated, explanation of what's going on is at
web.mit.edu

michael



To: Tom who wrote (1060)1/12/1998 12:15:00 AM
From: Tom  Respond to of 2951
 
Peregrine belly-up? Haven't read today's papers, but just heard on the radio there is a possibility of this being announced today.

I recall that Peregrine took one helluva shellacking, speculating in regional currencies. Some of their expansion efforts in the Middle East and elsewhere have recorded revenue losses, then closed.

peregrine is an outfit w/ strong ties to the Central Planning Commission. Let's see what happens.

Better to let them go under, I say.


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