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To: Jon Koplik who wrote (12996)	7/27/1998 9:10:00 AM
From: Sawtooth	Respond to of 152472

OT: Jon: Phooey! I wonder what it will open at? Ugly. Sites "Asian situation more noticeable than in the past." China now their biggest market. Still beat est's handily, though. General: Two telecomm. mega-mergers; most other news crappy. I'm notching my seat belt a little tighter. "Buying Opportunities" anyone? BWAHAHAHAAAHAHAAHAAHA!

To: Jon Koplik who wrote (12996)	7/27/1998 9:12:00 AM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

To all - please excuse all the quotes this morning, but I wanted to post the following (from the WSJ this morning) regarding the South Korean Won: Meanwhile, in Northeast Asia, the South Korean won rose to a new high for the year against the U.S. dollar. The dollar ended the day at 1,209 won (KRW), sharply lower than Friday's close of KRW1,245. Traders in Seoul said that - in addition to the normal, end-of-month dollar sales by exporters repatriating foreign earnings - foreigners have continued to exchange dollars for won to buy local assets as they expand into South Korea, which has opened its doors to more foreign investment in the wake of the financial crisis there. Abiding by the reform program agreed upon with the International Monetary Fund late last year as part of a US$58.35 billion bailout fund, South Korea has opened its stock, bond and real estate markets to foreign investors. Jon.