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To: Gersh Avery who wrote (39164)4/12/1998 7:00:00 PM
From: donald sew  Respond to of 58727
 
Gersh,

With some reform of the financial system in JAPAN it does appear on the surface that there will be a large equity block ready to invest. However, just do not feel that we will see it move as fast as many feel, but some of it will find its way here in the future.

Would such moneys find its way to our markets immediately to continue to push our market up right now. I do not think so, but it should be a facter further down the road.

There is a factor of nationalism which is quite strong, with the exception of Hong Kong prior to its return to CHINA. An example of this was how the average Koreans were willing to turn in there gold to help the country. I do feel that the average Asian investor has a strong sense of nationalism, which could slow the movement to our markets. Just do not think it will be an overnight thing.

Seeya