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To: Jorge who wrote (66441)	9/21/1998 12:13:00 PM
From: D.J.Smyth	Respond to of 176387

ot interestingly McDonalds (MCD) reported last week that demand in Rusia continues to be strong, with no current change seen, even with the recent Big Mac price hike from $13 to $15.50 rubles they have 39 restaurants in Russia spread throught the larger cities

To: Jorge who wrote (66441)	9/21/1998 1:18:00 PM
From: stock bull	Read Replies (1) \| Respond to of 176387

George, I agree that a US rate cut won't help to stimulate the economies of the foreign countries, with the exception of helping to trigger a relief rally on a global basis. However, relief rallies normally don't last very long. However, a rate cut will reduce the cost of borrowing money; therefore, given all other factors remaining constant, corporate profits will improve. Of course, the real and long term solution to the foreign problems is for these countries to clean-up their bad debit, banking, political, etc. problems. On another note, it seems like our markets are holding up fairly well today, given all the things going on...Clinton, Japanese banking reform agreement problems, etc. Stock Bull