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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: WONG who wrote (2666)	1/21/1999 1:06:00 PM
From: Tom	Read Replies (2) \| Respond to of 2951

Hi, WONG. Appears that circumstances for all the developing markets are headed from bad to worse. I see where Ng Fung Hong's position in their sector has been enhanced by some financial problems at Guangnan Holdings. May have to get back into that one in a panic. NFH was also cited several months ago by MSDW as a stock that would weather a devaluation well. nfh.com.hk The mention in your posted article of exposure to Thailand reminds me that the rumored takeover target of Overseas Chinese Bank Corp. (OCBC), Overseas Union Bank (OUB), had the least problem of any in Singapore with loans to Thailand. So, it does add a tiny bit of credence to that rumor. ----- I hope the IMF chokes on all the lies, half-truths and misleading they and their banking fellows have been doing. It's just incredible. Anything to save their system. ----- I had to think about it for a while, but it appears to me that those touting Japan are viewing deflationary outcomes for the world economy. Keeping an open investment mind makes me think about most circumstances "for a while." <g>