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To: Lee Lichterman III who wrote (55238)	10/11/1998 7:10:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 58727

>>> Is there any Serbian companies currently being traded on our markets that would be good targets? <<< You could perhaps set your aerial sites on some eastern European closed funds. Perhaps Central Europe Fund or Scudder New Europe are two that come to mind. Also greater Europe might not fair well with weapons aloft, perhaps a short on European Warrant Fund. Perhaps some F-117's (if they are still active) and some B-1's could perhaps join the fun?? Does Serbia have any residual Yugoslav SAM capability or has that been long ago incapacitated?

To: Lee Lichterman III who wrote (55238)	10/11/1998 7:14:00 PM
From: Andeveron	Read Replies (2) \| Respond to of 58727

>> what effect the Serbia bombing is going to have this week << With the Russians threatening to ally themselves with the Serbs if air strikes commence, I doubt there will even be a bombing run. It's a bit of sabre rattling on our part and it may shake up the markets tomorrow but the effects will dissipate when nothing happens. The last thing we need at this tentative time in world markets is a skirmish between nuclear powers. As for market plays, perhaps defense contractors will spike up tomorrow but that won't last long...