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Non-Tech : Simula (SMU)

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To: michael c. dodge who wrote (1304)	8/21/1998 10:58:00 AM
From: Jaime H. Ayalde	Read Replies (2) of 1671

The market meltdown does not help as many more will have to start liquidating assets to meet other obligations. Red Chip has lowered SMU rating to a B. It is still part of their dog&pony show. Good luck to all, ----- N.O., Looks like the imposible is happening, the 30 year is trading below the 1 day yield. Now would you consider the inverted yield curve as a recipe for a economic dissaster? Investors in the banking sector (WFC) should finally wake up to the new reality coming. Dissapearance of wealth will be fast. Japan, Hong Kong, Russia, Europe soon, and as the sun sets, the USA will be the last to wake up. The wave continues...

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