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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: thebeach who wrote (19906)	9/4/1998 4:33:00 AM
From: IQBAL LATIF	Respond to of 50167

Top ten list: the real reasons the markets are crumbling You think overvaluation and weak financial policy are to blame? Nope. Check out these colossal government and corporate blunders, all contributing to an unstable worldeconomy: 10. U.S. Government has halted all purchases of forensictest equipment 9. Gillette's new razor brand, "Mach 3," means "bloody face"in Swahili 8. CNN correspondent Christiane Amanpour's off-hand comment, "that oughta hold the commie bastards," mistakenly broadcast to half a billion viewers. 7. Nintendo's new $4.99 PC really hurting Intel's margins. 6. Revealed! Transcript of secret meeting between Bill Gates and Alan Greenspan explains plans to upgrade all World Bank computers to Windows 98.5. McDonald's new sushi fries not a big success 4. Lockheed Martin using cruise control module from Chevy Astro in its latest cruise missiles. Whoops. 3. Cisco routers can't send packets through the GreatFirewall of China 2. Yeltsin distracted by his new copy of "Redneck Rampage" 1. Aeroflot now using rubles as flotation devices Above from Fortune newsletter-- beach--This market is not discounting earnings growth it is discounting at the moment multiple crisis in nearly every area of the world, frankly if we are hit really with so many real crisis we should be below 4000 now, just try to seperate myths from realities, market at the moment is down because everyone thinks today is a big down day everyone wants to be short and that is not the way markets operate..