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To: Skeeter Bug who wrote (29622)3/6/1998 6:56:00 PM
From: epicure  Read Replies (1) | Respond to of 53903
 
Exactly. Somebody had it today and it wasn't me. I was lucky and had puts, but it was a big gamble timing wise. I almost sold my GTWs today but then I saw that slow slide. But if someone had, say, picked up the phone and just let me know what was being released today after the close, I could have gone to the beach instead of sitting at my monitor all day. Now where is that person and why haven't they called me?



To: Skeeter Bug who wrote (29622)3/6/1998 7:15:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
Skeeter
Any comments on this ?
Larry Dudash
House bill aims to block
IMF aid to chip makers
By Jack Robertson

WASHINGTON -- U.S. chip makers this week got some legislative help in their campaign to keep any part of the International Monetary Fund bailout from helping rescue foreign competitors--such as Korean semiconductor suppliers.

The House Banking Committee included a specific clause in a bill for $18 billion in additional IMF funding to keep money from bailing out foreign semiconductor companies.

Under the legislation, the U.S. Treasury and Commerce Departments would be required to file a joint biannual report on foreign country compliance with reforms mandated as part of any IMF loans. The bill now goes to the House Appropriations Committee, and ultimately to the Senate, which last year shuttled any additional IMF funding.