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

To: Worswick who wrote (7942)	2/5/1999 10:59:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 9980

Worswick, as I thought a fortnight back, the Korean market has retrenched a good chunk in the last week or so, and while that might continue a little longer, I think it might be worthwhile to start nibbling there. One good entry could actually be through AMKOR, the valuation has been clipped some 30% from its recent recovery high and i think a good entry point could be between the current price of $9.5 to as low as $8 (we could have a nasty spike down early next week, so say the turnips...). A little more pestling will make it quite attractive. Zeev

To: Worswick who wrote (7942)	2/5/1999 11:41:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

Hello Clark, good to hear from you. Thx for the article. It sounds resposible. Or, it is a matter of time, as the japanese has been [quietly] unloading RE in major cities like LA and NYC. I caught a brief segment on NBR by Lucy Craft tonight, there is a possibility from Japan to go hardlanding [about which she has been resisting all these times.] One has to wonder what kind of shock the people will have to absorb. Being an optimist, she of course will rise from the ashes; unfortunately, that won't happen before a lot of people will see darkness visible. hope you are well best, Bosco