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To: Paxb2u who wrote (53359)9/20/1998 9:02:00 PM
From: Debra Orlow  Read Replies (1) | Respond to of 58727
 
The N225 is open and has initially dropped like a rock. Do you know if the note you received is actually happening this morning in Japan??

The note that I posted was received by the group sysop on Saturday. I know of no other correspondence.

From Reuters: .... on Tuesday, when Japanese Prime Minister Keizo Obuchi is scheduled to visit the United States and meet with Clinton, bringing with him details of an agreement to stabilize Japan's banks.

Analysts and central bank officials have stressed a credible plan would provide a critical first step to righting Japan's economy and, by extension, those of Southeast Asia, where the crisis that has devastated emerging markets first erupted.

With market gyrations in the United States increasingly tied to those in international markets, analysts are eager to the details of Obuchi's plan, as well as the reception is gets.

''Certainly if the Japanese market rallies strongly because of the agreement Obuchi apparently has, that should be a plus,'' said Jack Shaughnessy, chief investment strategist at Advest.


But then,

biz.yahoo.com

and

biz.yahoo.com