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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (1840)	8/17/1998 4:38:00 AM
From: TokyoMex	Read Replies (1) \| Respond to of 119973

Breathless media wait for Clinton's moment of truth By Gerard Baker in Washington Bill Clinton was yesterday battling to find a legal and political path through the most serious crisis of his presidency in the final hours before today's historic US grand jury testimony in the Monica Lewinsky investigation. As news organisations reported that Mr Clinton was now ready to tell the grand jury that he did have sexual relations with Monica Lewinsky, Mr Clinton's top lawyer cautioned the public against believing what he termed "groundless speculation" about today's eagerly anticipated event. "The truth is the truth. Period. And that's how the president will testify," said David Kendall in a written statement from the White House. Other presidential advisers echoed those remarks but said it was uncertain what Mr Clinton would say until right up to the moment his testimony begins this afternoon. But Mr Kendall's remarks did not directly contradict the numerous reports over the weekend, sourced to presidential advisers, that Mr Clinton would admit to some form of "inappropriate relationship" with Ms Lewinsky, the former White House trainee at the centre of the allegations. The aim of such an admission would be to allow Mr Clinton to acknowledge to the public that a number of sexual encounters took place but without owning up to perjury in an earlier case when he denied under oath that he had sexual relations with Ms Lewinsky. Whatever he says in today's closed-circuit television testimony, relayed from the White House to the grand jury, the president is under intense pressure from advisers to make a national television appearance, perhaps as early as this evening, to explain his actions. The legal difficulty is only one aspect of Mr Clinton's problems, however. In addition to his sworn testimony in the Paula Jones sexual harassment case, he has also publicly, and emphatically, denied any sexual relations with Ms Lewinsky. "I think he . . . hasto say to the American people that he did have improper relations, that he regrets that he did not address this issue earlier and that he apologises. But he's got to say it in avery clear, direct, and unequivocal manner," Leon Panetta, Mr Clinton's former chief of staff, told NBC News. Members of Congress from both main political parties said they thought an open acknowledgement by Mr Clinton that he had previously misled the American people would probably enable him to avoid impeachment proceedings. "If he does that and then really asks the American people to forgive him or at least work with him, I think the polling shows that the American people probably are willing to allow him to finish his term and wait to replace him until the year 2000," said Orrin Hatch, the Republican chairman of the Senate Judiciary Committee.

To: TokyoMex who wrote (1840)	8/17/1998 4:42:00 AM
From: TokyoMex	Respond to of 119973

Nikkei broke 15,000,, the watershed,, to 14,000,,, - 328 now..one of the worst ,, shaving we have seen ,, except ,,89,, I do not believe Yesltsin surving with out devaluation,, and dreadful winter is coming,, he will have another Bolshivic revolution,,if this keeps up.. China is next,,, This will be a very choppy week at least .. We short this market,,, or go long on absolute bottoms on stocks that are fundamentally sound...

To: TokyoMex who wrote (1840)	8/17/1998 4:51:00 AM
From: TokyoMex	Respond to of 119973

MONDAY 0800 GMT Next update 0900 GMT US West workers start strike Workers at US West, the regional Bell telephone company, started a strike on Sunday after their union was unable to reach agreement over a new wage contract. The CWA said its 35,000 members would picket US West facilities across 14 states 24 hours a day. US West, which serves 25m customers, said it was disappointed the union had rejected its package of wage increases and benefits, which it said was better than any comparable telecommunications company. The CWA has disputed differences over issues of performance-related pay, health benefits and overtime. It is not known how long the strike will last. Disruptions are expected in assistance, repairs and installation services. Related article British Airways crackdown on unruly passengers British Airways said it would experiment with a "yellow card" warning system to deal with unruly passengers. Under the system, offenders would be issued with notices warning them they could face arrest on landing or be liable for costs incurred by diverting the plane to the nearest airport. BA said the move was sparked by a 400 per cent jump in the number of industry-wide incidences of 'air rage' over the past three years. The airline said its staff dealt with 260 disruptive passengers last year, prompted mainly by breaches of on-board smoking regulations. Related article Strike costs GM $1.65bn General Motors, the world's largest carmaker, said strikes at two of its part plants cost the company $1.65bn in the third quarter. The announcement brings the total cost of the eight-week strike to $2.85bn. In its quarterly report, GM estimated that it lost 318,000 units of car and truck production during the period, to add to the 227,000 units it lost in the three months to June 30. More Philip Morris records rise in lawsuits Philip Morris, the US tobacco company, on Friday said it would take a $103m charge pre-tax charge to settle litigation with the state of Texas. The revision will reduce its second-quarter earnings by $63m to $1.736bn from $1.799bn. Philip Morris also said there were about 400 smoking and health-related lawsuits pending against it as of August 1, filed by individuals in the US. This compared with a figure of 375 at year-end 1997. Related article Stryker pays $1.9bn for Pfizer unit Stryker, the US medical equipment maker, has agreed to buy Howmedica, a unit of Pfizer, for $1.9bn in cash. The deal will combine the world's fifth and third-largest makers of orthopaedic implants, such as artificial hips and knees. The merger is consistent with recent consolidation within the industry, however, market analysts expressed concern at the deal's high price which will burden Stryker with an unaccustomed debt load. Stryker's share price was one of the session's biggest losers in trading on the New York stock exchange, having dropped $5.06 to 36.69.Related article