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To: Douglas V. Fant who wrote (9278)2/1/1998 11:20:00 PM
From: prakash  Read Replies (1) | Respond to of 13925
 
Most of Asia is up, S&P up, creaf around US$20.35.. Looks good going into the week. Singapore, Hong kong, Indonesia all up over 10%.

I think creaf should easily break the $20 resistance tommorrow.

Prakash



To: Douglas V. Fant who wrote (9278)2/3/1998 2:34:00 AM
From: Ben Beale  Read Replies (1) | Respond to of 13925
 
Doug,

Listening to Market Place on Public Radio tonight, they made exactly the same point, not only the obvious that asian currency devaluation have products produced there cheaper in dollar terms, but that companies are scrambling to lock in foreign suppliers on contracts denominated in won, bahts, yen, etc. (David Broncotio, if you're reading this thread, you owe me one....).

r/s
Ben


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