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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (67905)9/19/1999 9:13:00 PM
From: Les H  Respond to of 132070
 
Stocks and Ethics Collide in the Courtroom

kcstar.com



To: Les H who wrote (67905)9/19/1999 11:06:00 PM
From: Merritt  Read Replies (1) | Respond to of 132070
 
Les:

With the now larger importance of foreign money to our market, I would think it a given that there'll be a deal with the Japanese Finance Minister to support the yen.

But the market's still very vulnerable:

marketgauge.com

With so little cash on hand (Fidelity's Magellan being an apparent exception), there's little buying power in the event of a correction...and it's more likely that funds will have to liquidate holdings in the face of redemptions.