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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (63547)	8/29/1998 12:44:00 AM
From: Paul Fiondella	Read Replies (1) \| Respond to of 186894

Intel bashing---not quite Losing money in the market. Nope that's what people who dismissed the Asian financial crisis and are still long are going to do. Paul E? I love the guy. He's a definite mob leader. I still think he is on the Intel payroll. But let's look at what can be done to stabilize the markets. Clinton needs to call up the Japanese Prime Minister this weekend and push for a stronger effort to liquidate the bad assets of the LTCB. The LTCB bailout is splitting the japanese parliament. If this is not addressed strongly soon then Japan will lead a general stock market collapse. It is far more significant than Russia. As to Russia, the US should support a change in the Russian political political balance of power giving parliament more power and reducing that of the President--- a return in other words to the pre 1993 system. He should meet with Yavlinsky. We should also prepare for a massive effort to feed starving Russians this winter. Clinton should meet with governors in the upper Russian parliament and urge them not to succumb to the temptation to break off from the central government and go it alone. If he goes to Moscow and slaps Boris on the back then I think his credibility as a political leader is over. The markets here would stabilize if Japan doesn't sink further. That's the key to holding the line. At least in 87 Washington understood they were in a crisis. Everyone around Clinton seems to think its just a personal crisis. OF course you could be more cynical and say that the big boys think that there is nothing wrong with a correction (until they realize its more than that) since they got out in time.