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

To: yard_man who wrote (5637)	8/18/1998 6:22:00 PM
From: Paul Berliner	Respond to of 9980

Just a note to everyone about the WEBS.... Many investors & speculators have been bitching that the WEBS aren't acting like a proxy for their respective nations' stock exchanges like expected, especially HK. Morgan Stanley explains that the WEBS aren't index funds, but portfolios of stocks selected by MS to somewhat expose an investor to a nation. They won't mirror the indices.

To: yard_man who wrote (5637)	8/19/1998 12:01:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 9980

tippet: It is probably safer to go back in the water, now...Hong Kong seems to have defended okay in the last few days--nonetheless, I am staying out of the China funds a bit longer (actually, I lost my shirt on a little software company these past few days...so I only have cash for two more things to buy or add to...TCH is a possibility...tho I may just double down on one of my stinker biotechs...) However, I did get back into EWM finally today, here are my trades in it this year. Good luck if you take the plunge tippet! Good luck to both of us. Bought EWM 1000 4 5/16 Sold EWM 1000 5 7/8 Bought EWM 2000 2 7/16 eom