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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (10278)	6/18/1998 5:42:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 18691

Now you see why some of us tried to keep you from shorting C$CO? Today they announce a charge, get sued, and yet they still make an all-time high. They are nearly untouchable. Lucent Technologies Files Patent Infringement Lawsuit Against Cisco Systems; Seeks Damages and Injunctive Relief biz.yahoo.com

To: Pancho Villa who wrote (10278)	6/18/1998 6:03:00 PM
From: Lazlo Pierce	Read Replies (3) \| Respond to of 18691

Hmmmm YHOO seems to have come out with a warning that didn't get any play. cnnfn.com Dave

To: Pancho Villa who wrote (10278)	6/18/1998 11:12:00 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

Good evening Pancho. Seems like the euphoria of the last day and a half is waining in Asia. What does the U.S. want Japan to do to get out of this current situation? Their rates are 1/2%, they hold billions in US treasuries that they aren't allowed to sell without US retribution, they have a deficit that eats up 6% of GDP, they have a national debt that is 200% of GDP, they have hundreds of billions if not trillions in bad debt and lastly their in a depression. If they inflate their economy and rates rise they will soon be paying 100% of their GDP to fund their deficit. The suspicious reaction of the U.S. the day after Rubin said no action to support the yen would be taken is indicative of the seriousness of this crisis. The day China devalues is the day we see the market sell off 1,000 points. Bank of Korea sees 4% contraction biz.yahoo.com Mideast affected by Asia habtoor.com Japan auto output tumbles in May biz.yahoo.com Subprime loans in the hundreds of billions fdic.gov U.S. Trade deficit baloons abcnews.com Yen intervention may not last - Baker biz.yahoo.com Asian crisis leads to urgency of BIS meeting biz.yahoo.com Greenspan to attend BIS meeting in Japan (1st time outside of Europe) biz.yahoo.com