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To: Glenn D. Rudolph who wrote (101304)	4/17/2000 12:56:00 AM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

Liquidity evaporates, money is destroyed. For every seller raising cash there's a buyer spending it. This is playing into AG's aim, to drain liquidity. He doesn't want to see it get out of control, though, and there's always that risk. After all this principal responsibility is monetary stability. This decline is going a long way to slow the economy.

To: Glenn D. Rudolph who wrote (101304)	4/17/2000 1:29:00 AM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

interactive.wsj.com

To: Glenn D. Rudolph who wrote (101304)	4/17/2000 3:06:00 AM
From: GST	Respond to of 164684

June Nasdaq 100 futures fall to overnight limit CHICAGO, April 16 (Reuters) - June Nasdaq 100 futures fell the overnight limit of 110-points on Sunday night GLOBEX trade, following through on last week's steep sell-off as Asian stock markets eroded, traders said. The Chicago Mercantile Exchange contract that reflects the largest of the large cap technology stocks in the Nasdaq fell the 110 points allowed for overnight trade to 3,107.50. The contract cannot trade below that level until the pit session opens on Monday morning. June Nasdaq 100s fell 435 points lower to 3,150.00 intraday on Friday and then settled 367.50 points lower at 3,217.50. The technology-laden Nasdaq composite index (^IXIC - news) tumbled 355.49 points or 9.67 percent to 3,321.29 on Friday. The Nasdaq has fallen 34.2 percent from its March 10 high of 5,048.62. June Standard & Poor's 500 futures added to losses and June Treasury bond futures firmed moderately, but volume remained somewhat subdued overall, traders said. Barely 500 June Nasdaq 100s had traded electronically as of 8:00 p.m. CDT (0100 GMT).

To: Glenn D. Rudolph who wrote (101304)	4/17/2000 3:13:00 AM
From: GST	Respond to of 164684

Japan's Aoki agrees need for stock support-Sakurai TOKYO, April 17 (Reuters) - Chief Cabinet Secretary Mikio Aoki agrees that steps are needed to support Tokyo share prices, a senior official of Japan's ruling Liberal Democratic Party (LDP) said on Monday. Aoki, who is the chief government spokesman, made the comment in a meeting with LDP policy chief Shizuka Kamei, according to the party's deputy policy chief, Shin Sakurai, who also attended the meeting. Separately, Kamei told reporters that senior members of the coalition parties would discuss various measures, including the use of public funds to support the market, in a meeting later on Monday. He said Aoki had told him the three parties should discuss the idea before any action was taken. Kamei also said he wanted public funds to be used to support share prices, not to push them higher. Tokyo stocks plunged on Monday, battered by sharp losses in U.S. stocks on Friday. The Nikkei average closed down 6.98 percent at 19,008.64. At one stage it fell nearly nine pecent. The TOPIX index (^TOPX - news) of all shares on the first section of the Tokyo Stock Exchange ended down 6.12 percent.