71.   Adrian Fu, investment manager at Investec Asset Management Asia Ltd. said investors preferred China-based telecom companies for their limited global exposure.

72.   He said American investors prefer to have AICO implemented sooner because the scheme gives a more favorable and secure climate for business development.

73.   However, investors preferred to remain cautious and wait for the release of the inflation report before positioning more aggressively behind Manila shares, Garcia said.

74.   However, many foreign investors would prefer to see some sort of aid from Western governments, or loans from large Western commercial banks.

75.   If stock prices were to move down, the same investors would prefer that they slide down gradually rather than dropping substantially all of a sudden.

76.   Instead, many investors preferred to stay on the sidelines to wait for a more definitive picture to emerge.

77.   Investors obviously preferred to park their monies in the safer havens of bank deposits and bonds of the likes of ICICI and IDBI.

78.   Investors would prefer doing their own asset allocation among listed exposures.

79.   In the United States, some investors prefer high-risk, high-return assets.

80.   Investors prefer countries that are open, stable and provide promising return on their capital, Yefimov said.