Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (6848)	10/5/1998 9:45:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

Your missiion, should you agree to accept it, is to put the three together. :)) I can't even figure out what the devil "three" means let alone understand the mission. Thanks for the loan of Beanie Bear's life support system. ... but it sure isn't working yet. Fading fast.... .... .... :(

To: pat mudge who wrote (6848)	10/5/1998 10:22:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

Pat, I like this miscellaneous news much better. I believe it's likely to lead to upward pressure, hopefully as soon as tomorrow. Finally, a body has agreed to do something tangible rather than just wring their hands with other officials. ++++++++++++++++++++ Monday October 5, 9:47 pm Eastern Time World Bank management backs emergency loan plan By Adam Entous WASHINGTON, Oct 5 (Reuters) - The World Bank said on Monday its management had agreed to set up a new short-term emergency loan facility to rush cash to countries hit by fast-moving financial crises. The new facility, which must still be approved by the bank's board, would offer crisis-hit countries in Latin America and elsewhere ''emergency structural adjustment'' loans (ESALs) at higher interest rates than existing World Bank credits. The plan, part of the international community's response to a deepening financial crisis spreading from emerging markets to the industrialized world, would also disburse money to countries more quickly and under shorter repayment terms. World Bank officials would not be specific about which countries could benefit from the loans or how much money might be made available, but the new facility could be in place in time to help Latin American economies battered by contagion. ...