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Strategies & Market Trends : China Telecom Ltd (CHL) -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (104)	9/8/1998 11:23:00 AM
From: Paul Shread	Read Replies (1) \| Respond to of 149

Julius, What's Soros' minimum investment? I'm sure I've got an extra $1 million kicking around somewhere. ;-) On free markets: there was an interesting piece on the IMF in the Washington Post over the weekend that said that when the IMF was founded in the international economic crisis after WWII, they allowed a blend of capitalism and central planning as a prudent way to modernize emerging economies; the current IMF is much more radically capitalistic. The point of the article is that some state control isn't bad, and probably limits pain in these markets. I just hope it doesn't also limit our upside, which I consider unlimited for CHL. Nonetheless, I sure am glad to be back in the black today. Good luck to you, Julius, and may we ride this stock up a long way for a long time. Paul