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To: jim black who wrote (76697)	9/16/2001 9:22:44 PM
From: lorne	Respond to of 116752

Hello Jim. you said......" . I am not just pissed off. I am frightened for the future of the Western World, enough so to kill anybody who speaks like a terrorist"...... That's kind of what I said in a recent post but You will find that there are many here who think that what has occurred is just another terrorist prank and things will be back to normal soon. I truly hope they are right but I really feel this time there is a big difference this time it's them or us. They have just murdered over 5000 people, they have declared war on all things that are not islam. They have thousands of agents in our countries ready to do whatever the are told to do and they welcome death. If somehow this crisis should fade I will still never understand how some here did not take it serious and even at times defending those who want to kill us. Take care Lorne

To: jim black who wrote (76697)	9/17/2001 7:40:22 AM
From: long-gone	Respond to of 116752

Sunday September 16, 10:04 pm Eastern Time Australia stocks fall 3.3%, Qantas dives (UPDATE: Updates to late morning) SYDNEY, Sept 17 (Reuters) - The Australian stock market fell to its lowest since mid-2000 on Monday morning, as investors dumped everything from banks and insurance companies to major base metal miners ahead of Wall Street's reopening. ADVERTISEMENT Companies exposed to the fallout from last week's terror attacks on U.S. cities fared worst, including Australian airline Qantas (Australia:QAN.AX - news), which slumped 12.7 percent to A$2.89, and general insurer QBE (Australia:QBE.AX - news), which slid 13.5 percent to A$7.99. But investors generally were worried that U.S. equity markets could fall as much as 10 percent when they reopen later Monday for the first time since last Tuesday, when New York's World Trade Centre twin towers collapsed after air terror attacks. Only a few sectors proved safe havens on the Australian market. Energy stocks rallied on expectation of higher fuel prices, as the United States prepared for war; property trusts rallied on expectations of falling interest rates; while gold stocks returned to favour after the announcement of further consolidation in the sector. ``The U.S. equity market is widely expected to open lower by five to 10 percent,'' said Clifford Bennett, a senior strategist at BNP Paribas. Bennett said even if the fall is less dramatic, after a few days of hesitation, ``a more sustained weakening to lower levels is likely to develop.'' Interest rate markets are primed for monetary policy easing, possibly on a global scale, to soothe investor nerves and prevent the U.S. economy falling into recession. The benchmark S&P/ASX 200 index (^AXJO - news) was down 102.3 points or 3.3 percent at 2,998.5 just before midday. The Australian Stock Exchange will suspend trade for three minutes at noon to honour those affected by the terror attacks in the United States. The heaviest drag on the benchmark was a 3.3 percent slide in the banking sector's sub-index (^ABII - news). Australia's largest bank National Australia Bank (Australia:NAB.AX - news) led its competitors lower, falling 4.9 percent to A$26.07. It is thought to be the biggest creditor to airline Ansett Australia which collapsed last week. Australia's St George Bank (Australia:SGB.AX - news) had its own problems, announcing that its chief executive Edward O'Neil died suddenly at the weekend. Its shares were down 4.2 percent at A$13.97. Qantas, which rallied strongly last week on Ansett's demise, made a dramatic retreat as investors began to aggressively price in the impact of the terror attacks on international air travel. ``You have a global recession looking more likely plus there is now a fear of air travel,'' said Eric Gale, director of institutions at J.P. Morgan. QBE, the biggest player in the London-based Lloyd's market, tried to reassurance investors on Friday that its exposure to the U.S. situation was protected by reinsurance. However, J.P. Morgan's Gale said uncertainty about that exposure was the reason for this morning's sharp fall. In the gold sector, Delta Gold Ltd (Australia:DGD.AX - news) and Goldfields Ltd (Australia:GLD.AX - news) said they planned to merge to create a one-million ounce per year gold mining company capitalised at about A$825 million (US$421 million). Delta and Goldfields were both up four cents at A$1.81 and A$1.90 respectively. On those prices, the scrip merger -- Delta shareholders receive 187 Goldfields shares for every 200 Delta shares -- values Delta at A$1.78 a share. Oil and gas producers Woodside Petroleum (Australia:WPL.AX - news) and Santos (Australia:STO.AX - news) both rallied. Woodside gained 2.6 percent to A$14.42 and Santos was up 1.2 percent at A$6.08. Among the property trusts, General Property Trust (Australia:GPT.AX - news) rose 2.2 percent to A$2.76 and Stockland (Australia:SGP.AX - news) rose 1.6 percent to A$4.37. (A$1 equals US$0.51) biz.yahoo.com