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To: Gabriela Neri who wrote (8207)	3/10/1998 8:54:00 PM
From: PaulM	Respond to of 116814

MOF official says Japan's economy "very severe" biz.yahoo.com Politicians don't say "very severe" unless its very, very severe. Just doesn't smell right. Nikkei was supposed to be at 18000 this month and here we are, at 16000, and down in early trading. I still think there's a chance this month brings us a big kahuna of sorts.

To: Gabriela Neri who wrote (8207)	3/10/1998 11:43:00 PM
From: Enigma	Respond to of 116814

If an investment story is featured in Fortune Magazine the adage has been 'SELL if Bullish' Therefore 'BUY if Bearish"? The theory being that when it reaches Fortune the news is OLD (hat)

To: Gabriela Neri who wrote (8207)	3/11/1998 1:45:00 AM
From: Abner Hosmer	Read Replies (2) \| Respond to of 116814

Was looking for your friend Stephen Roach and I came across this interesting site: lp-llc.com >>...it is important to stress that there continues to be little direct evidence in support of the view that there has been a significant improvement in underlying productivity trends in the US economy in the 1990s. If that conclusion is correct and productivity growth returns to its subpar underlying trend at precisely the point when wage pressures are building, then there is little to stand in the way of rising inflation and declining profit margins in 1999.<< a contrary view: lp-llc.com >>Importantly, pricing power remains at a very low ebb. Only 1% of respondents reported that they were able to successfully pass through a price increase-one of the lowest readings in a quarter century.<<

To: Gabriela Neri who wrote (8207)	3/12/1998 11:48:00 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 116814

kitcomm.com