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To: Bobby Yellin who wrote (16311)8/21/1998 2:45:00 PM
From: Roderick Francey  Read Replies (2) | Respond to of 116822
 
Major Credit shakeup:

NEW YORK, Aug 21 (Reuters) - Fear of a deterioration in the creditworthiness of borrowers around the globe is spawning a sharp sell-off in U.S. corporate bonds and other assets of a magnitude not seen since the Orange County crisis in 1994, analysts said.

For full story check following URL:

biz.yahoo.com



To: Bobby Yellin who wrote (16311)8/21/1998 4:02:00 PM
From: Karen E Hoof  Read Replies (1) | Respond to of 116822
 
Hi Bobby...I don't know about US Banks....but Korea when it was in its glory....was heavily invested in Brazil....I don't know if they had gotten out...will await news from that section of the world...karen



To: Bobby Yellin who wrote (16311)8/21/1998 8:32:00 PM
From: ForYourEyesOnly  Respond to of 116822
 
ASL Buybacks:

Anyone watching this? Any opinions?

They buy EVERY DAY......

Ashanti Goldfields Announces Purchase of
Own Shares

NEW YORK--(BUSINESS WIRE)--Aug. 21, 1998--Ashanti Goldfields Company Limited announces
that it has
acquired through market purchases ordinary shares or securities representing ordinary shares
(''Shares'') as
shown below:

Date Number Price Paid Shares Purchased
Purchased Purchased Lowest/Highest To Date

20 August 1998 10,000 US$ 7.50 2,400,235

The Shares which have been acquired will not be cancelled but will be held as treasury shares for
possible
re-issue at the Board's discretion.