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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (30941)	8/11/1998 6:28:00 PM
From: cardcounter	Read Replies (1) \| Respond to of 132070

wow, great strategy.. now if you'll loan me the money we'll see if this thing is just crazy enough to work :) you won't believe this, but it's raining in D-town...(not to sound too much like a crack smoking technician, but the last time in rained in D-town, the market fell 300 pts --- I'll send you my thesis as soon as it falls on the printing room floor) be nice to stanley, it isn't easy having all that pressure on you an then underperforming the market averages.... how bout a little sensitivity, pple pay big bucks for quantum's overpriced premium

To: Knighty Tin who wrote (30941)	8/11/1998 6:36:00 PM
From: cardcounter	Read Replies (1) \| Respond to of 132070

MB: Heads up on Russia, the vultures are already talking up default. thestreet.com Love to hear your thoughts on this one. IMO, if Russia doesn't default, this will be one hell of a value play. Contrarian heaven or hell.

To: Knighty Tin who wrote (30941)	8/11/1998 7:07:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 132070

MB: re Russia: check out PIOG as a way to play/trade Russia.

To: Knighty Tin who wrote (30941)	8/11/1998 7:31:00 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 132070

Taking a position in the trading partners and regional neighbors of a country with falling currency brings to mind one not so minor caveat: The devaluing country competes with these folks and the devaluation is tantamount to a giant price reduction by a competitor. Since the goods in these emerging markets tend to be price sensitive commodities, this impacts earnings of the companies and hence share prices. This is why Asian countries are selling off in anticipation of Chinese devaluation.