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Technology Stocks : Deswell Industries (DSWL) -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (1123)	11/12/1998 10:36:00 AM
From: Brooks Jackson	Read Replies (2) \| Respond to of 1418

A positive take on Asia: washingtonpost.com Excerpts: Asian Stocks Are Worth A New Look By James K. Glassman Thursday, November 12, 1998; Page F01 If you think the U.S. market is hot these days, take a look at the emerging markets of Asia. Yes, Asia. Remember the land of crumbling economies, falling currencies and frightened investors? Well, yesterday the Hang Seng index of Hong Kong rose 4.3 percent, the equivalent of a 380-point jump in the Dow. Since Aug. 13, it's up by more than half. From its low a few months ago, Thailand's major stock index has risen 111 percent; South Korea's, 57 percent; Singapore's, 64 percent. China's, 27 percent. And in just the last seven weeks, the Jakarta composite index in Indonesia has doubled. (All of these increases are in U.S. dollar terms.) But despite these miraculous advances, Asia is still far cheaper than it was 15 months ago when the crisis began... ... So maybe it's time for investors who have shunned international stocks to devote some cash to Asia. But then again, maybe not. Let me offer instead two choices for different sorts of investors: 1) Asia, for risk-lovers, and 2) global blue chips for the more sedentary.... ... I am agnostic on the question of which to pick.... Glassman argues for investing 10% to 30% of an investors portfolio in international stocks -- he talks mainly about mutual funds.