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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (9416)10/21/1999 8:48:00 PM
From: Investor2  Read Replies (3) | Respond to of 15132
 
Did you listen to the UTEK conference call? If so, was it positive?

Best wishes,

I2



To: Justa Werkenstiff who wrote (9416)10/22/1999 6:09:00 AM
From: Justa Werkenstiff  Read Replies (6) | Respond to of 15132
 
Fresh quakes rattle Taiwan, no deaths

By Michael Kramer


TAIPEI, Oct 22 (Reuters) - A strong earthquake jarred Taiwan on Friday, injuring 126 people and disrupting life for many but causing no deaths and far less damage than a huge September quake that killed 2,400 and caused billions of dollars in losses.

State seismologists said the mid-morning (0219 GMT) quake, centred on the south-central county of Chiayi, registered 6.4 on the open ended Richter scale -- serious, but lacking the destructive force of the September 21 quake which measuured 7.6.

A spate of aftershocks followed, including one that pushed the Richter needle to 6.0, prompting the evacuation of hospitals, businesses and other buildings, officials said.

Hundreds of elementary and high school students fled to the playgrounds as the tremors rattled classrooms, some of which already had been damaged in the September quake.

"The earthquake hit just as we were about to do an experiment," a university chemistry student told cable TV station TVBS. "Everything started hopping up and down. We could tell that it was strong so we started running."

Officials said about 15 buildings collapsed and 126 people were hurt, but there were no confirmed deaths or reports of people being trapped in damaged buildings. State radio reported one death but officials said this was believed to be in error.

The Interior Ministry said about 20 people were rescued from elevators that stopped and gas leaks caused some small fires.

Seismologists warned of further aftershocks in coming weeks, but said the Chiayi tremor had released energy in Taiwan's southern quake belt, reducing the chances of a bigger shock.

One of Taiwan's worst quakes, the 7.1-magnitude Meishan quake in 1906 that killed 1,258 people, was centred in Chiayi county.

Friday's quake cut electricity to 90,000 households, but Taiwan Power Co found little damage and quickly restored power.

The quake caused nowhere near the destruction of the September quake which killed 2,405, destroyed 82,000 homes and briefly shut industry and commerce in central and northern Taiwan.

It nonetheless could be felt islandwide, dishing out a sustained 2.0 magnitude shaking to the capital Taipei and the big southern port of Kaohsiung, Taiwan's second city.

"It felt very serious," said Sherry Pan, an office worker in Kaohsiung. "My office is on the 23rd floor and it made me dizzy."

Taiwan's stock markets were shaken as nervous investors sent a weak market into a sharp drop.

The main index fell nearly two percent in the minutes after the quake but regained some lost ground as the relatively limited scope of the damage became clear.

Friday's earthquake brought new anxiety to central Nantou county, the epicentre of the September quake, where it registered 6.0 but did not cause any significant new damage.

State-owned Chinese Petroleum Corp said power outages forced it to shut down two small oil product plants in Chiayi, but the impact on Taiwan industry was minimal.

05:41 10-22-99



To: Justa Werkenstiff who wrote (9416)10/22/1999 8:11:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
GDP, ECI & other Economic data for next week:

biz.yahoo.com

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Not to mention: Daily Saving Time ends Sun. at 2 AM (set clocks back 1 hour) <g>



To: Justa Werkenstiff who wrote (9416)10/28/1999 2:54:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Reminder - the Greenman speaketh at 7:30 PM tonight from Boca.....

Will he cool off today's rally?

Message 11669284

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Meanwhile, Market breadth could still use some mouthwash (relative to new lows vs new highs):

quote.yahoo.com