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

To: Bonnie Bear who wrote (4537)	6/14/1998 8:11:00 PM
From: Otimer	Respond to of 9980

Bonnie,I too have wondered about those adr's.

To: Bonnie Bear who wrote (4537)	6/14/1998 8:22:00 PM
From: Tony van Werkhooven	Respond to of 9980

Bonnie- I currently am long BYH. Sure seems cheap at earnings of approx. US$1.50 per ADR for a strictly domestic chemical (largely plastic resins) producer. Yield based on recent dividend is 6.7%. Tony

To: Bonnie Bear who wrote (4537)	6/15/1998 2:01:00 PM
From: P.T.Burnem	Read Replies (1) \| Respond to of 9980

If China devalues its currency, Chinese ADRs will tumble. If not, the Chinese economy may slow down and Chinese ADRs will - you guessed it - tumble. I'd wait for the Chinese shoe to drop before going back. PTB