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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (16076)	7/28/1998 6:52:00 AM
From: John Hunt	Respond to of 18056

Russian Bailout Fails To Ease Market Fears washingtonpost.com << Despite a massive infusion of funds from the International Monetary Fund (IMF) and other lenders, Russian stocks have resumed their steep decline -- reflecting a lack of investor confidence that increases the likelihood of another full-blown financial crisis, according to analysts here. The stock market dropped 9 percent today, the largest one-day decline since June. Buyers of Russian treasury bills are demanding as much as 74 percent interest, an unbearably high rate for the cash-starved government. Analysts said they sense renewed fear that the government will be forced into the drastic step of devaluing the country's currency, the ruble. >> When even cold cash doesn't help.

To: John Hunt who wrote (16076)	7/28/1998 9:17:00 AM
From: yard_man	Respond to of 18056

Would be humorous, except that those are real kids. $$$'s can in no way substitute for the presence of a real ma and pa. Sign of success? -- giving all your responsibilities to others because you have the cash to do so.