FYI. Also, to be discussed on conference call with Matt Lee on Wedneday a.m.

Alan
---------------------- Forwarded by Alan Aronowitz/HOU/ECT on 09/27/99 10:57 
AM ---------------------------


Matthias Lee
09/24/99 06:29 AM
To: Alan Aronowitz/HOU/ECT@ECT
cc: Anita Fam/SIN/ECT@ECT, Angeline Poon/SIN/ECT@ECT 
Subject: "PACIFIC VALOUR"

Alan

Attached is WFW's opinion on the matter. You will note that it does not 
differ in any substantial manner from my earlier note to you.

Please let me have your comments. I will wait for your e-mail before I relay 
the opinion to John Nowlan, John Chismar, Russell and the other business 
people.

I will access my e-mail later tonite again. Please call me if you wish. Once 
again, my home number is (65) 779 4469 and my mobile is (65) 96919646. It'll 
probably be easier to reach me on my mobile if it's before midnite SGP time.

Thanks

Matt
 
---------------------- Forwarded by Matthias Lee/SIN/ECT on 09/24/99 07:23 PM 
---------------------------


akwan@wfw.com on 09/24/99 07:13:47 PM
To: Matthias Lee/SIN/ECT@ECT
cc: sbainbridge@wfw.com 

Subject: "PACIFIC VALOUR"



Dear Matt,

Herewith opinion which I'm also faxing to you.  Relevant cases to follow.

Let's discuss on Monday.

Have a good weekend!

Suzanne

(See attached file: 18015361.doc)

 - 18015361.doc