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To: eddie r gammon who wrote (667)1/17/1998 9:13:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 86076
 
Eddie, I do not think the SEA trouble are over, we are just through the second act, the third act and the "finale" are still to be played out, until the Japanese bank are allowed to revalue their Koi's and Kimono (G), together with their real estate, they will not be able to hide a big chunk of losses out their (about) 13 trillion yen exposure in the Tigre countries (I would guess that a good 3 trillion of these will have to be written off).

Zeev


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