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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (8541)10/13/1998 5:36:00 PM
From: MythMan  Read Replies (1) of 86076
 
Hey the IPO market has recovered!! Yeah right -s-

>>October 13, 1998: 3:42 p.m. ET
News Corp.

ADELAIDE, Australia (Reuters) - Global media mogul Rupert Murdoch said Tuesday he was worried about a world recession and warned he would not go ahead with the spin-off of his Fox movie and television interests until financial markets had settled.
<Picture>"We seem to be moving to a period of deflation, but there is no doubt that we have seen great shocks and we may see more shocks yet," Murdoch told the annual meeting of News Corp. Ltd., which he controls. <<
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