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To: Don Rohner who wrote (15964)	8/16/1998 3:16:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116815

'What's happening in Russia is important for Russia,'' Cohen said in an interview Friday. ''But regarding all of the former Soviet Union combined -- that whole area takes in less than 1 percent of U.S. exports. The order of magnitude of trade to Russia is statistically so small that it doesn't mater to the U.S.'' bloomberg.com Do we live on the same planet? Mrs. Cohen surely must know Germany interest visa-vi Russia and chain reaction that Russian situation would exert on Eastern Europe and Latin America...Surely she can't discount a danger of civil unrest in Russia (never mind nuclear weapons, how about aging Nuclear plants ala Chernobyl in a country running-out of money..The biggest export of USA to Russia are Dollars (many more dollars would be needed than meazly 1% of unwise exports....

To: Don Rohner who wrote (15964)	8/16/1998 7:20:00 PM
From: C Hudson	Read Replies (1) \| Respond to of 116815

Don't forget that Goldman is going public in October! The partners want to make millions on the IPO. Now if you were one of the largest investment firms and your chief analyst was screaming "Bear", it doesn't sound too good, does it? So Abbey's got to keep up appearances (remain bullish) until then. Also, many of the big clients may need time to get out of the market and Abbey has some weight. While her bullish comments havn't propped up the market recently, if she screamed Bear, the market would drop. When Ralph Acompora of Prudential turned Bear, the DOW dropped 300. It's all to protect the Big Boys, and the interests of the partners at Goldman's.