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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI)

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To: BDR who wrote (53)9/6/1998 2:54:00 PM
From: BDR  Read Replies (1) of 268
 
Bears Say Bulls Ignoring Signs Of Trouble

dailynews.yahoo.com

Citicorp and Morgan Stanley Dean Witter & Co. are some of the Wall Street darlings that warned of problems from the world-wide market turmoil.

The companies may have given investors a taste of what to expect for the third quarter reporting season, which officially starts on Oct. 15.

Latam Seeks Shelter From Economic Domino Effect

dailynews.yahoo.com

U.S. companies bracing for Latin America slowdown

msnbc.com

Avon Products, the cosmetics and consumer products company, got a whopping 35 percent or $1.8 billion of its sales from Latin America last year. Another consumer products firm, Colgate, got 26 percent of sales from the area while oil giant Exxon got 18 percent. Monsanto and Gillette are less exposed, with 14 percent and 10 percent of sales from the area respectively.
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