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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (2108)6/10/1998 12:21:00 PM
From: Joseph G.  Read Replies (1) of 86076
 
Hey Dan, long time - no see.

<<China's central bank governor warned on Tuesday the weak yen was having a severe impact on Beijing's foreign trade, focusing attention once again on a Chinese pledge not to devalue its currency.

''The Chinese government has repeatedly denied such a move but it looks like fund managers are not buying the story,'' said Alex Tang, research director at Core Pacific-Yamaichi International.

Robert Sassoon, research head at SG Securities said their current view is the yuan is relatively safe but the yen had a risk element. ''If the yen does depreciate -- if it goes beyond 150 -- then we will obviously review the situation.''>>

Re: y2k - it appears no pre-Pentium PC is compliant due to chip sets. Perhaps that's what is driving Dell et al sales for now.
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