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To: Joseph G. who wrote (7545)10/3/1998 8:36:00 PM
From: Joseph G.  Respond to of 86076
 
OTOH:
<<WASHINGTON, Oct 3 (Reuters) - Italian Treasury Minister Carlo Azeglio Ciampi said on Saturday a recent correction in stock markets was a positive development as it had ended a speculative bubble.

''A few months ago I referred to the speculative bubble in the stock market. Now it is over,'' Ciampi told a news conference after a meeting here of the Group of Seven major industrial nations.

Asked whether this was a positive development, he replied: ''Yes it is positive.''>>