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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (80383)12/19/1999 4:12:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
too late for that...

Itzik Amado, assistant manager of international marketing of securities at Bank Hapoalim , said even though the market dropped slightly, it showed a lot of activity, which is good.

''Overall, things are good. We are hearing good things,'' Amado said. ''The central fear is from the market in the United States, which is simply crazy.''

Following sharp rises in Nasdaq recently, people fear the market is due for a correction, said Yisrael Weinberg, portfolio manager at Impact Union Portfolio Manager.

''There are some fears that Wall Street is a little high and the fears are more there than here,'' Weinberg said.

More than 100 Israeli companies trade in the United States, most on Nasdaq, so it greatly influences the Tel Aviv Stock Exchange.