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To: Earlie who wrote (147739)	2/1/2002 8:19:57 AM
From: hdl	Respond to of 436258

priceline

To: Earlie who wrote (147739)	2/1/2002 9:25:52 AM
From: Haim R. Branisteanu	Respond to of 436258

Early now they are running the USD and depressing the Euro. Europe PMI was 46.2% better than Chicago PMI with Italy at 49.1% France 45.8 and Germany 44.3% (slower because of the harsh January weather). German "core" inflation (to compare apples to apples) was 1.6% YoY same better than the US. There are rumors that around $1.5 to $2 billion of put option expire today at a strike of 0.865(they are 10 AM or 12 PM EST expiry options). Interesting to see what will happen after that to the €/$. Haim