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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST
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To: Kyle who wrote (22168)12/19/1997 12:02:00 PM
From: Pravin Kamdar  Read Replies (1) of 33344
 
Kyle,

Since the market has been down the last couple of months, I think there is a lot of tax loss selling. There should be a real January effect next year. Of course asia isn't helping matters. The students and unions are celebrating in Korea due to yesterday's election of long time opposition candidate Kim Dae Jung. It will be interesting to see if he trades his rhetoric for responsibility and does not throw out the IMF bail out agreement. The big worry is Japan. Personally, I think we should shut down the WTO and let the chips fall where they may. They are just protecting the exporting interests of the big multi-national corporations, while at the same time forcing asian countries to let the super rich western investers to own more of the futures of anian country's assets. It is a money grap at the tax payer's expense. But, what's new. I'm surprised the media can't see this.

Pravin.

Pravin.
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