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AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (40223)2/15/1999 11:05:00 PM
From: GST  Read Replies (1) of 164684
 
But Sarmad--the yen is falling sharply tonight, not rising <I will venture the opinion that the strength in the yen is a response to their trade surplus> and the term of the bonds is the least important part of the news -- the question is still how much of a liquidity crunch we will have as a result of the tug of war between the BOJ and the MOF, and there are some mixed messages.
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