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To: Sig who wrote (94262)	2/2/1999 10:23:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 176387

Hi Sig, Yes there are some decisions in life that come from the feeling derived from that life. Perot Systems is one of these. These are your easy investment decisions. I did not realize my friend Mohan had already mentioned this. Voltaire

To: Sig who wrote (94262)	2/3/1999 12:43:00 AM
From: T L Comiskey	Respond to of 176387

Sig...Mohan....SOOOO...NOWWWW You Tell Us..........<g>...Tim

To: Sig who wrote (94262)	2/3/1999 6:00:00 AM
From: Mohan Marette	Respond to of 176387

<Asia View-Korea> Is Korea on the come-back trail?1999 a year of recovery for Asia? Sig: In case you haven't watched the news. I see great optimism here.I personally consider Mr.Paul Matthrews a very reliable source when it comes to Korea and other Asian countries,heck of a lot better than the schmucks on Wall Street,you know the type. How'bout our man Perot,huh? A bit flaky (then aren't we all) but an astute business wiz,I wouldn't bet against him.Did you know he PER had more revenues and earnings than EDS (!) for the 9 months ended Sept,unbelivable if you ask me. I say go general go.<g> Damn the man owns most of our town,ooops sorry I digress. ============================ 02/02/99: How Matthews Korea Fund Is Surviving The Asian Contagion PAUL KANGAS: Given the turmoil that has overtaken much of Asia over the past year and a half, you might expect a fund that specializes in South Korean stocks to be having a rough time. But in the last quarter, Matthews Korean Fund managed to outpace even the hottest Internet fund, more than doubling in value. However, since its inception 16 months ago, the fund is still off by 24 percent. G. Paul Matthews co-manages Matthews Korea Fund, and he joins us from San Francisco. Welcome to NIGHTLY BUSINESS REPORT, Paul. G. PAUL MATTHEWS, CO-MANAGER, MATTHEWS KOREA FUND: Thank you. KANGAS: Many of our viewers may find the comeback in Korean stocks surprising. Does it mean that the shake-out in the Korean economy is over, that things are really on the mend? MATTHEWS: Well, we think so. We think there have been some definite signs of improvement, particularly at the macro level. Korea has clearly succeeded in turning a trade deficit into a trade surplus and rebuilding its foreign exchange reserves very rapidly. KANGAS: I think we should point out that the Korean market is extremely volatile and that at one point last year your fund was down by 80 percent. So despite your optimism, I guess you'd agree that the fund is basically for aggressive investors who can take some major risks. MATTHEWS: Absolutely for aggressive investors. The Korean market is dominated by individual traders and it does tend to be one of the more volatile markets in the region. KANGAS: And you get to spend time there to find out what's really going on. MATTHEWS: Absolutely. KANGAS: Now you also run the Matthews Pacific Tiger Fund which invests across a broader range of Asian countries. Are you expecting other Asian markets to snap back in the very near future? MATTHEWS: Well, I think Korea is paving the way for the rest of the region and although I'm not expecting necessarily the same sort of dramatic recovery in other Asian markets, I do think 1999's going to be a year of economic recovery for the region and that the stock markets will discount that in advance. KANGAS: Which countries do you see as having the best prospects? MATTHEWS: Well, aside from Korea we like Thailand. We like Singapore and longer term we still very much like China. KANGAS: Give us an idea of some of the types of stocks, individual names that you invest in. MATTHEWS: Sure. Some of the names in Korea would include Samsung Electronics which is the world's largest manufacturer of memory chips. Korea Electric Power, the largest utility in Korea. Samsung, Marine, the largest nonlife insurance company there. As you can tell, these are all big blue chip companies. KANGAS: And they trade on the Korean exchange, which is how big? MATTHEWS: Well, there are 780 listed companies if Korea, and the total market has a value of just over $100 billion U.S. dollars right now. KANGAS: And you're long-term very positive on China, is that true? MATTHEWS: In the very long term, absolutely. I believe that over the next 10, 15 years, real incomes per capita in China will probably grow more than any other country in Asia. KANGAS: All right. That's very interesting, Paul. And for the sake of the entire world economy, let's hope that Asia has indeed turned the corner. MATTHEWS:Absolutely. KANGAS: My guest, G. Paul Matthews of the Matthews Korea Fund.