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


To: Zeev Hed who wrote (2557)3/6/1998 12:51:00 PM
From: Worswick  Respond to of 9980
 
SKM 2nd largest short position on the New York stock Exchange today.

More from Jess Beltz, in Hong Kong...."I see this thing with Indonesia as a coming disaster that has the potential to drag Asia down again, and a long way too, simply because the total collapse of the economy here will mean that almost ALL of the debt outstanding to Indonesian firms will pass into the nonperforming category, and I see that as having a possibly devastating effect on regional banks (HK and Japan.) Therefore, the looming (expanding) crisis is keeping me on the sidelines"...