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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18778)	7/1/1998 7:56:00 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 50167

Hi Ike: Congrats on your investments. Looks like Kurlack waited until after your high risk INTC play before making comments <g>. In the short term (next six months) I still expect the US $$ to appreciate against the yen towards the 160 level. We'll have intervention but the underlying fundamentals should move this way. Thats a 20% foreign exchange loss for investors to overcome. Also in short term I'd expect US rates to go lower. I'd expect 5.5% by summers end. The GM strike will start to show up in July #'s and Asia (look at Nike) is starting to show in the #'s. Oil is still a major driver and its trending down. After the summer inflation may show up but not right now. Hope all is well. Tim