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To: Jurgen Trautmann who wrote (4455)	10/22/1998 4:42:00 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 11051

Re Schroeder etc... they decided for a policy of small (if any...) steps, which include a) cutting interest tax benefit from 6000 to 3000 b) extending the tax-free speculation gains period from 6 mo to 1 year (both expected right). Encouraging they (yet) dont intend to pump up the deficit (even if they tried) so it is projected at 1.2% GNP in two years. Still there's commentaries like "Did we have to get Waigel out to get THIS?!" Lafontaine ... well ... he wants himself (and Germany after all) heard a little better this time around. Compared with the experience of people like Waigel and Bangemann (his name is JUST hillarious). To be on equal terms with Rubin and the likes, he has to cut up the ministries the way he intends to - of course it looks nasty. Now the next person to get slaughtered I guess is the good ol' Johannes Rau. Heidi for president! DAX turned back today, the resistance is rather strong. Any news on GTW?

To: Jurgen Trautmann who wrote (4455)	10/23/1998 12:48:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

Jurgen; RE:" C - Chrysler CALLs " DAI + C will become symbol DCX - DaimlerChrysler AG Jurgen. The new organisation will be incorporated in Germany and is considered by S&P to be an 'ADR' or American Depository Receipt - C will be removed from the S&P-500 index - and both GM and F have petitioned the U.S. government to remove Chrysler from many federally funded research programmes. Their merger is scheduled for November. Germany and France did not lower their rates today; the (relative) strength of the USD : ECU after the Fed's surprise rate cut was due in part to speculation that Europe would follow suit, as well as the recent strength of equity prices. As DJ mentioned earlier, rate cuts by other EU members - like Italy, etc. - are expected before January launch of the euro. The DX98Z - Dollar Futures Index will tank toute suite. You and K are in flamenco country now - MadameGonzo used to be the manager for Rosa Montoya, a dancer and daughter of Carlos Montoya. I remember many late-night drinking parties with her company in San Francisco - stamping their heels and shaking the floors of our little flat until the wee hours of the morning: mujeres caliente (^_^) -Steve