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To: thomas hayden who wrote (14967)	9/12/1998 7:14:00 PM
From: patrick tang	of 25814

I saw a discussion of that report in this week's San Jose Mercury - one of the assumption was China will devaluate. That report was out when yen was pushing 147 and up. It has since trended down to 130. I think the China devaluation thing is off for the time being. I do agree that if China devaluates, the whole thing is off. Off everywhere, not just California. patrick

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