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

To: tom who wrote (3568)5/14/1998 9:02:00 AM
From: Thomas Haegin  Respond to of 9980
 
Tom,

while I do enjoy the many posts discussing things and developments, thinking about possible scenarios etc., it's uncensored first hand reports and "anecdotal evidence" like you telling us about Jakarta Today that I enjoy the most. I wish we had a larger net of roving reporters out there in some of the other SEA countries.

I think the Dow may be in a bit of trouble at least short term, not only because of Indo & co. but HWP profit warning will spell over to other big cap and tech stocks...

Thomas



To: tom who wrote (3568)5/14/1998 3:38:00 PM
From: P.T.Burnem  Read Replies (2) | Respond to of 9980
 
WSJ on Indonesia:

Other foreign banks closed their doors. "We have closed the offices out of precaution," said a spokesman for Dutch bank ABN Amro Holding NV, Tanno Massar. "The banking system over there is hardly functioning anyway so there was, from a business point of view, no reason to continue."


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