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To: Defrocked who wrote (3177)7/23/1998 6:08:00 PM
From: Defrocked  Respond to of 86076
 
Great article. Selected quotes provided. Is this news in the
market yet?

bloomberg.com@@eHMUzwYAA9yvyH*F/news2.cgi?T=news2_ft_topww.ht&s=560223512

"Its going to get much worse in the second half."

"These numbers are shocking"

"Korean companies won't earn enough to cover their collective
interest payments until 2000."



To: Defrocked who wrote (3177)7/23/1998 6:47:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
One can take the horse to the water, but one can't make him drink?

I also wonder if the likely decrease in foreign lending is reflected in these numbers?



To: Defrocked who wrote (3177)7/24/1998 8:37:00 AM
From: Cynic 2005  Respond to of 86076
 
<<a greatly reduced 2Q GDP number.>>
GDP numbers will be out on 31st. The market expects it to be break-even. First Q of negative growth? Anyone?
-MMV