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


To: Lee Lichterman III who wrote (7577)11/20/1998 8:23:00 PM
From: Michael Sphar  Respond to of 9980
 
Well I must say, I've done some nipa hut hopping in my day, but pulezze I worked for a living, at least at first, until I became a F.A.R.T. (that's federal air reserve technician for the uninitiated, shame on you for thinking otherwise) and then a mustang to boot. I worked for Mother and there's not a t-tail in the fleet that doesn't have some graffiti or other of my handiwork at the top of the ladder in the empennage. Saw a bit of Asia that way, two weeks every year when I could escape from the travis ramp.

The Koreans are crunching #2 and #3 (Hyundai and LG) into one happy family but they have a bit of a debt load to deal with. Its probably not good to let your emotions rule your investment decisions, MU has frustrated more than a few mubears.



To: Lee Lichterman III who wrote (7577)11/20/1998 9:21:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 9980
 
Lee, Michael,

the last time I read anything about the chaebols, they were still at something like 400+% debt to equity ratios. Even though Korea has increased their reserves, I understand there is also some payments due next year. I have been searching but cannot find any current details. Anyone got some good links?

Ramsey