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To: craig crawford who wrote (143499)	6/29/2002 11:48:08 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Moscow may ban U.S. poultry imports beginning Aug. 1 if Washington fails to update veterinary certificates to meet Russian safety standards, an Agriculture Ministry spokesman said. Russia banned imports of U.S. chicken and turkey from March 10 to April 15, citing health concerns about antibiotics in feed and salmonella. Despite a partial lifting of the ban, exports have been slow to resume as Moscow has issued import licenses for a limited amount of poultry meat while the two sides have tried to agree on a new veterinary certificate for poultry imports.

To: craig crawford who wrote (143499)	6/30/2002 11:26:30 AM
From: H James Morris	Respond to of 164684

Where does the Investor find value? >>Will it be raw materials?<< As Jim Rogers has written in Why Raw Materials?, there have been bull markets in raw materials every 20-30 years. These bull markets begin when demand outstrips supply. Lower prices discourage investment and production of new resources. To quote Rogers, “Virtually no one has built an offshore rig, or opened a lead mine, or developed a sugar plantation during this period. Quite the opposite -- productive equipment has deteriorated, been cannibalized, or scrapped while other capacity has closed." 4 financialsense.com