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To: Tom who wrote (1592)	5/13/1998 5:52:00 PM
From: Tom	Respond to of 2951

Look! A bullet train. That's what WE need in THIS stuporous country. High-speed Train to Test Guangzhou-Kowloon Railway [5/13/98] The high-speed tilting train leased by ABB Daimler Benz Transportation to Guangzhou-Shenzhen Railway Company Limited, performed well in the 3,000-kilometre test during the past 10 days, China Daily reported. The trial was conducted at the Beijing Circle Railway Test Centre, noted sources at yesterday's unveiling ceremony. During the next phase of tests, the train will travel the Guangzhou-Shenzhen-Kowloon line at 200 kilometres per hour, reducing the travelling time from 65 minutes to 48 minutes.

To: Tom who wrote (1592)	5/13/1998 9:31:00 PM
From: Stitch	Read Replies (1) \| Respond to of 2951

Tom, Many many thanks for your quick and informative response. I am going to link it on our Asia Forum. For now I am on the sidelines in the KLSE believeing I will see better valuations even though the Wall Street Journal has just published a "heads up" on some of the local issues. exchange2000.com There has been an interesting fall off of the oft stated claim "We don't need the IMF in Malaysia" in the local papers. It has been replaced by a significant number of officials saying "it could get worse" kinds of statements. While it is true that Malaysia has initiated reform there is still much to accomplish in this regard IMO. It may be impossible without the IMF. I still think folks here do not understand the depth of the damage. Best,

To: Tom who wrote (1592)	5/13/1998 9:31:00 PM
From: Stitch	Read Replies (1) \| Respond to of 2951

Tom, Many many thanks for your quick and informative response. I am going to link it on our Asia Forum. For now I am on the sidelines in the KLSE believing I will see better valuations even though the Wall Street Journal has just published a "heads up" on some of the local issues. exchange2000.com There has been an interesting fall off of the oft stated claim "We don't need the IMF in Malaysia" in the local papers. It has been replaced by a significant number of officials saying "it could get worse" kinds of statements. While it is true that Malaysia has initiated reform there is still much to accomplish in this regard IMO. It may be impossible without the IMF. I still think folks here do not understand the depth of the damage. Best,