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To: Ramsey Su who wrote (32603)6/18/1999 12:33:00 PM
From: engineer  Read Replies (3) | Respond to of 152472
 
I think your right. Alot of people are jumping the gun on the S&P500 move. I also think that there is alot of covering going on, since it will probably be higher on Tuesday when they have to settle (and buy to fill calls) then today....

IF Airtouch comes off on the 28th, then they should announce next week for the new fill in spot.



To: Ramsey Su who wrote (32603)6/18/1999 2:41:00 PM
From: Ruffian  Respond to of 152472
 
This Could Get Ugly>

THE INDEPENDENT SOURCE FOR WIRELESS INDUSTRY NEWS

June 18, 1999

June 18, 1999

U.S., Japan at odds over NTT agreement

WASHINGTON—The United States and Japan are at a standoff over
renewal of the 1980 Nippon Telegraph and Telephone procurement
agreement, which governs fair telecom procurement practice by the
Japanese government. The NTT pact between the United States and
Japan is scheduled to end on July 1.

U.S. trade officials say progress in enforcing the accord has been gradual
and limited. Japan argues the U.S. government has no right to meddle in
NTT anymore because NTT is privatized. The administration replies that
NTT still is two-thirds owned by the Japanese government.

A prolonged dispute could keep U.S. wireless firms from making further
inroads into Japan's $35 billion telecom market.