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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Link Lady who wrote (16720)10/8/1998 5:16:00 PM
From: Link Lady  Respond to of 18056
 
>>Yahoo, whose shares have gained 230 percent this year, sells
at 331 times this year's estimated earnings per share.<<

Isn't that a bit extreme but I wouldn't mind being in on a gain like that.

U.S. Stocks Drop, Led by Computers, on Growth, Profit Concern
news.com



To: Link Lady who wrote (16720)10/9/1998 6:53:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Dollar could follow footsteps of emerging currencies

biz.yahoo.com

<< While the United States economy has little in common with Indonesia's, some analysts say the dollar could come under the same types of pressures that hit the beleaguered rupiah as ''borrowed capital'' flows back home in a time of growing uncertainty.

Some experts say the dollar's sharp fall on Wednesday shows the long-term vulnerability of the U.S. currency.

''There is a chance that the U.S. currency will follow in the footsteps of emerging market currencies if capital flows to U.S. markets keep dwindling,'' said Susumu Takahashi, chief economist at the Japan Research Institute. >>

Amerikanski - Welcome to the wacky world of the Canadian loonie and the Russian ruble.

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