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To: Lee who wrote (68332)9/30/1998 9:51:00 AM
From: Mohan Marette  Respond to of 176387
 
Good morning Lee: Before I go read the articles you send me I also heard Japan is considering a larger tax cut to try and kick-start the economy. Also heard the Canadians lowered the interest rate,now only if the other G7 countries could do the same it would be really nice for the market and the economy. Now I am off to read the articles,I am on my second cup of coffee already,wow no wonder I am hyper,seeya.



To: Lee who wrote (68332)9/30/1998 10:06:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Japan's aid to South East Asia and strong PC sales in the region,not bad.

Hi Lee:

Excellent articles Lee from SCMP I liked the following statements particularly.If I am not mistaken the article also mentioned something to the effect that some of these countries have finally seen the worst of it and may be beginning to stabilize,if this is true it should bode well for the global economy in general and technology companies in particular.

"Among PC makers doing well were Dell Computer Corp and Apple Computer - which could add as much as one percentage point to its market share with sales of its new iMac home computer, he said. Apple had slightly more than 3 per cent market share in the most recent quarter.

IBM was losing market share and Hewlett-Packard was focusing on profitability instead of market share, IDC said."


As for the Japanese air to the beleaguered Southeast Asian countries to the tune of US$30.0 billion (HK$232 billion) will certainly help and the benefit the Japan since they are the largest investor in these parts.Hope the G7 takes Japan's lead and follow suit.



To: Lee who wrote (68332)9/30/1998 12:17:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Lee,I heard the long bond just went under 5%.<eom>