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To: pater tenebrarum who wrote (33465)11/15/1999 2:09:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
heinz, just sold Qcom. In at 209, out at 389. I think I was a nut to wait this long! I did this last year with AOL-- sold at 166. It looks like it may be headed back there! Alles Gute.



To: pater tenebrarum who wrote (33465)11/15/1999 3:05:00 PM
From: Don Green  Read Replies (1) | Respond to of 99985
 
O.T.

Japan Backs Sakakibara As Candidate For Next IMF Leader Tuesday,

November 16, 1999 TOKYO (Nikkei)--

The Japanese government is mounting a behind-the-scenes campaign to appoint the well-known former Ministry of Finance official Eisuke Sakakibara as the next head of the International Monetary Fund, The Nihon Keizai Shimbun learned Monday. According to sources familiar with the matter, Japan has launched unofficial talks with the U.S., European and Asian countries toward nominating Sakakibara as successor to Michel Camdessus, the IMF's current managing director, who earlier this month announced plans to resign by February 2000. Now a professor at Keio University, Sakakibara was nicknamed "Mr. Yen" during his high-profile stint as vice minister of finance for international affairs for his ability to move currency markets with his public comments. This marks the first time since the 1947 foundation of the IMF that Japan has put forward a candidate to lead the 182-member institution. The Japanese government has apparently decided that it should push for a broader leadership role at the IMF, in part because it is a leading contributor, but also because it is actively participating in talks on preventing currency crises. The response to Sakakibara's candidacy by the U.S. and Europe remains unclear at this point, but analysts here consider Sakakibara's chances as not good. Camdessus' successor will be decided before the end of the year, either by election or negotiation among member nations. (The Nihon Keizai Shimbun Tuesday morning edition)