Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stitch who wrote (2563)	3/6/1998 8:19:00 PM
From: B Tate	Read Replies (1) \| Respond to of 9980

Stitch Welcome back. While you were away I went to cash here in Malaysia. Can't even trust the 'players' in this market. A couple of them got steam rollered this last week by external events. Look at Intria and Jotop. Just watched the consultant for Suharto on Money Line on CNN. Real snazzy dresser, reminded me of a couple of snake oil salesmen I know. This guy loves being center-stage no doubt about it. Man if I had ANY money in Indonesia it would be in my pocket or under my mattress. They have a plan, - good - they haven't had time to talk to IMF or Rubin about it since they have been too busy talking to banks in Singapore, and the rest of Asia - bad - . WHAT the F......? - are the Singapore banks going to pull them out, maybe the Japanese? Announced today that the next injection of cash (3b $) has been "delayed" until mid April. IMF waiting to see if they are serious about reforms. BTW - It was noted this week that some high profile agency set up to deal with the crisis was a total sham. A name and no staff or power. Can't remember the name of the agency, but do recall the fanfare about having this new board established - Sometime in Nov / Dec as I recall. Aww what the hell Asia at it's best. To the pool and a 'red eye' Got to cook breakfast for some ex-pats. Even got real Maple syrup for the hot cakes and french toast. bt