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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (8799)	5/15/1998 8:10:00 AM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

Charles, The 4th largest country in the world is in a state of anarchy with the prospects of the IMF or anyone else getting back loan money anytime soon bleak. IMO next to go will be S Korea. look for strikes, student demonstrations and general panic. I've been saying this for months Hong Kong and China will devalue and Japan financial system (40% of Asian loans were underwritten by Japan)will implode. Brazil, Mexico, Venezuela, Russia will all follow suit. IMO LEAPS 1/00 on banking stocks with international currency and loan exposures (CCI, JPM, BT, CMB) far out of the money will reap returns of 4,000% by their expiration dates. One day in the not so distant future someone will wake up and realize that 1/2 the worlds population being in a state of chaos is not healthy for the other 1/2 of the worlds economies.