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

To: Z268 who wrote (7231)	10/20/1998 6:17:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

Hello Steve & Steve - re: "The killings referred to are mostly to settle old scores. Politics, religion and black magic are simply triggers/enablers/cloaks." IMHO, the perpetrators can be roughly separated in 2 groups, namely, the instigators and the followers. So it is possible that puppet masters were pulling the voodoo strings while the masses did their bidding. While this may very well be indicative of the breaking down of society [or "law and order,"] the conspiracy minded may not want to rule out the possibility that this is some sort of junta plot. Chao is the best excuse of martial law. Regardless of the underlying motive(s), Indonesia is liken a wasteland after a nuclear meltdown, except for its natural resources [oil etc,] it is hard to imagine that it can turnaround any time soon. best, Bosco

To: Z268 who wrote (7231)	10/20/1998 8:53:00 PM
From: Dayuhan	Read Replies (1) \| Respond to of 9980

Steve, Are the numbers - in the hundreds - really minute? Imagine if black-clad gangs started storming small towns in the rural US, hacking a few hundred people to death in the span of a few weeks. Would that be minute? The numbers do seem small compared to the carnage of days gone by, but even that did not happen overnight. It started somewhere, probably with events much like we're seeing now. Certainly events will bear watching, as the Habibie regime begins the apparently inevitable slide. Bosco, my own guess is that if the military were formenting disorder as an excuse to declare martial law they would be more likely to stage highly visible actions in urban centers, but what you mention is of course possible. I don't own PAP shares; I've looked at the company a few times, and the story is a reasonably good one, but the context is just too grim. If one group emerges in clear control, it could be a very good investment (IMO), if the faction in control is not excessively nationalist in orientation. But not now. Steve