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To: Dulane U. Ponder who wrote (13175)1/11/1998 11:21:00 PM
From: Tmanquinn  Read Replies (1) | Respond to of 97611
 
These are uncertain times hedging is a good idea for next 4 months at least; 4 ever according to McMillan Jr. (Steve). I think we will not see a blood bath near Hong Kong levels. Money there moving into cash/equivalents set to invest in U.S./Europe. Interest rate hike is more for stabilizing currency than cost-push inflation control. No tandem rates hikes in Europe/U.S. should ease concerns. Hong Kong will come back close to prior levels within two weeks.



To: Dulane U. Ponder who wrote (13175)1/11/1998 11:24:00 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
I'm sure that CNBC will jump on the Asian market crisis bandwagon right off the bat in the morning, spreading their classic brand of doom and gloom. Have you seen the banner that they put on the bottom of the screen when the market is down 100 points that says..."NEWS FLASH!!! DOW DOWN 100 POINTS!!!" These jokers should be producing "As the World Turns!!!" Now that I think about it, maybe that is a NBC soap! S.


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