Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 40.55

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10:34 AM EST

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To: JPR who wrote (16415)	1/21/1998 5:10:00 AM
From: Frank Ellis Morris	of 27012

Good morning Paul, I noticed yesterday that Merrill Lynch seized the opportunity to attempt to dampen the enthusiasm of yesterday's rally and as I was telling Margaret this morning, I think the public must really be annoyed at these obvious stock manipulations. Why does not the justice department stop this? I guess there are too many loose and slick ways for those market movers to worm their way out of being called on the carpet for accounting Todays actions may be a little subdued thanks to IBM and the overseas market today Wednesday January 21, 4:11 am Eastern Time FOCUS-Rupiah's plunge hurts Asian markets (Adds Hong Kong closing quote) By Sarah Davison HONG KONG, Jan 21 (Reuters) - Indonesia's battered rupiah dragged most Asia markets back into a quagmire on Wednesday. Strength in Tokyo and New York failed to spill over to the rest of Asia, where nearly every market reacted badly to an early session plunge in the rupiah to 12,000 to the U.S. dollar. ''Look, you get bear market spikes and everyone thinks everything's all right and pile in on the back on it, and then, whoops, the rupiah crashes and everyone rushes out again,'' one head trader said of earlier hopes that Asia was stabilising. The rupiah hurtled lower on reports that Indonesian corporates were resorting to rupiah payments on U.S. dollar debt, while renewed political jitters added another broadside. Take care Frank

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