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To: Jim Willie CB who wrote (7222)	3/13/2000 11:22:00 AM
From: Uncle Frank	Read Replies (2) of 35685

As you know I'm way out of my tiny area of expertise here, JW, but rather than blaming the Asian Meltdown on controls instituted by the Fed, I have been more prone to pin it on lack of controls on the part of several of the Asian countries. And while I realize interest rate changes have a big effect on the bond market (or is it the other way around?), I have been unable to recognize a correlation to valuations on productive companies like qcom, ntap, jdsu, csco, etc. I'm sure I am missing something, but I see a strong fed and a strong fed chairman as a positive influence on the economy and my personal wealth. uf

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