We regard this latest correction as a buying opportunity. The Princeton-educated economist spoke with Asiaweek's Assif Shameen. We have been unambiguously bullish since last October.
Markets never go up in straight line.
There is plenty of upside from here on. True, Daewoo was not enthusiastic about restructuring until recently. Now it is being forced to reform and restructure. Daewoo has a lot of assets it can sell like shipbuilding, securities and manufacturing of telecommunications equipment. It also needs to reorganize and refocus.