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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Peter who wrote (28838)	12/29/1997 4:56:00 PM
From: H James Morris	Respond to of 61433

Well Peter, the Dogs don't rally. The stocks that rally, and thats only when they rebound 12-15% off their lows, are now refered to as Puppies, so the dog term goes away. If you want to buy a puppy, go to a pet store, the falling knives aren't so sharp there. Good luck

To: Peter who wrote (28838)	12/30/1997 6:23:00 PM
From: Glenn D. Rudolph	Respond to of 61433

*GLANCE - ASIAN ECONOMIC CRISIS AT 2230 GMT* Reuters Story - December 30, 1997 13:14 %&64 %GLANCE %US %KR %JP %CN %SG %DRV %GVD %FRX %DBT %ECI %STX %IMF %BNK %FIN %NEWS %GLANCE/TOP BT NEWS EQUITY EQUITY/NEWS1 PHONES/HELP REUTERS USER/HELP V%REUTER P%RTR To access stories and prices on the Reuters terminal, use the mouse to click on the codes in brackets. Or type codes and press F9 key for [] items or ENTER for <> items. ----------------------------------------------------------------- The International Monetary Fund accelerated its schedule of payments to troubled South Korea on Tuesday, handing over an additional $2 billion to help ease a painful credit crunch. A spokesman said the IMF board had approved the payment after a meeting lasting several hours. The money, originally due to have been paid some time next year, is part of a record-breaking $60 billion international rescue package. Commercial and investment banks are also contributing to the rescue deal. Banking sources say they will roll over billions of dollars of short-term debt. Analysts said central, commercial and investment bankers around the world have shown determination to save South Korea from default, but have not yet shown how this will be done, partly because global lenders were still adding up the Asian nation's foreign exposure. U.S. Deputy Treasury Secretary Lawrence Summers said promises of financial help should get South Korea's economy growing again, but Korea and the financial community have much more to do to stem the crisis. "They've got a great deal to do and, of course, there is a great deal that the financial community can do in responding to this situation," Summers told the Fox News channel. "There's a lot of work ahead in South Korea, Indonesia, Thailand." ------------------------- LATEST NEWS ------------------------- * Still great deal to do on S. Korea crisis--Summers [nWAT5573] * FOCUS - Global banks buy Korea time, but how much? [n?] * FOCUS-IMF speeds up S.Korea payments with $2 bln [nN30115943] * Summers says important Japan restore confidence [nWAT5575] * Int'l promises will restore S.Korea growth-Summers [nWAT557] * S.Korean debt rollover picks up more bank support [nN3097995] * Bankers Trust participates in Korea relief [nN30102953] * French banks agree 1-mth rollover of S.Korean debt [nTHV00274] * FOCUS-Europe's top banks throw S.Korea lifeline [nAZ3002419] * Swiss banks agree 30-day rollover of S.Korea debt [nGD3000740] * IMF board to discuss loan payment for S.Korea [nN309032] * Tietmeyer wants fundamental review of IMF policy [nJ3004347] --------------------------- ANALYSIS --------------------------- * China yuan to survive Asia woes for now-US experts [nN30293268] * Bank aid to Korea may help yen briefly-US analysts [nN30108723] ---------------------- MARKET REACTIONS ------------------------ * LDC debt edges lower, but retains strong undertone [nN30616100] * Dlr/yen ends US higher amid Korea, Japan bank woes [nN3060098] * Emerging market forex - Won slips again [nFLLFCU3M4] ------------------------ OTHER INFORMATION ---------------------- Access to some items may depend on subscription level Special Glance Pages -............. Latest Market Reports- Reuters Features .........[GLANCE/FEA].....NYSE ......[.N] U.S. Mergers News.........[GLANCE/MRG].....NASDAQ.....[.O] U.S. Earnings News........[GLANCE/RES].....Dollar.....[USD/N] Cross Border Trading......[GLANCE/ADR].....Bonds .....[US/N] Fed News .................[GLANCE/FED].....Index.....[GLANCE/] ----- SPECIAL TOPICAL NEWS ----- Hot Stocks ..................[HOT]..Corporate Analyses.....[CORA] Mergers & Acquisitions News..[MRG]..U.S. Stock Markets.. [STX-US] Earnings Results.............[RES]..U.S. Forex Markets...[FRX-US] Earnings Forecasts...........[RESF]..U.S. General News...[NEWS-US] ------------------------------------------------------------------SPEED GUIDES ........................ ................................