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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (2112)	2/12/1998 10:42:00 PM
From: B Tate	Read Replies (1) \| Respond to of 9980

All; The KLSE is drowning again. After a 3%loss yesterday (due to profit taking ;-)00 )as of 11 AM local time on Fri. 13th - 18 counters UP, 16 UNCH, 729 DOWN. Bought Public Bank yesterday and guess which sector is hit the hardest this AM? Financials are taking it in the shorts, lots of counters limit down. (For those of you that don't know how this market works there is 30% limit on movement then trading stops for the day) NEAT huh? Stitch, after those beers last night I "think" we decided to start Picking up some SDarby in small lots. To Worswick - NO we didn't get the word. Just that with SD being so diversified we thought that a small position, regardless of the confusion, would be smart. BTW folks, you should have been there to hear Stitch sing Georgia on My Mind - thought Willie Nelson was sitting next to me :-) NS he does sing for drinks. Happy Fri 13 from the first side of the world. bt

To: philv who wrote (2112)	2/13/1998 2:57:00 AM
From: Thomas Haegin	Read Replies (2) \| Respond to of 9980

Phil, on: << Switzerland history of non-alignment continues to serve her very well. >>, you are undeniably right. My concern is for how much longer will this be the case? The biggest drawback is that Swiss people have trouble to obtain e.g. work permits outside of Switzerland. If you want to work for a German co., they have to apply for your work permit; I think the German employer must (under certain circumstances) demonstrate that he could not find a well-qualified German or other EU guy for the job. Guess for yourself how many Swiss are working abroad <g>. This is the main drawback in Switzerland not being in the EU. I think especially the young dislike this immensly. Me too. Thomas P.S. You know what the Swiss say for Hi or Hello? "Gruezi" (incredible word)

To: philv who wrote (2112)	2/13/1998 9:31:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 9980

Philv & Thomas: Haven't you heard, the Swiss are going to dump a lot of gold come 1999. I guess this was one the reasons why the gold price is so depressed, so after '99 the Swiss may not have all that gold to back their currency anymore. I don't know what prompted them to this,perhaps Thomas knows the reason. Sweizerland is one country who would have no problem meeting the criteria of the EMU, having perhaps the strongest currency, most strongly backed by gold (40%) compared to any other nation.