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To: goldsnow who wrote (22261)	10/25/1998 8:26:00 PM
From: CIMA	Respond to of 116753

While Wall Street brokers and investors celebrate the recent rise in stock markets and have investors believe that all is well in the world economy, Pakistan has now joined the list of nations in need of an IMF bailout. "We are looking forward to a negotiating a bailout package with the International Monetary Fund and World Bank in the next couple of weeks" stated Pakistan's deputy chairman of the national planning commission. Estimates place Pakistan's external debt at a whopping $32 Billion. Pakistan is now requesting an additional $5 Billion in order to cover debt rescheduling and current debt payments. Currently, Pakistan is behind on $1.4 Billion in debt payments. In other words, the money would be enough to cover only financial obligations for the upcoming year but any ability to actually repay the debt is still unlikely. OUR COMMENTS Pakistan now joins a long and expensive list of nations that can not meet external debt obligations. Whether the money is owed to the IMF, World Bank or Commercial Banks, the supply of money is not infinite and it will come out of your pocket one way or another. The questions are: 1] How much money is available to continue bailing out nations that already owe Billions of dollars to western governments and banks? and 2] How many more nations are yet to come forward and ask for more emergency money? Until such time as the world economy shows some form of healing, we will continue to remain defensive in our investments. Have a great day. Regards, Agora. The Investor's Investor. Published by Agora International Enterprises Corp. © COPYRIGHT 1997-1998 by Agora International Enterprises Corp. ALL RIGHTS RESERVED DISCLAIMER Information provided by the Investor's Investor is <underline>intended to level the playing field between small and large investors by effectively and swiftly disseminating information </underline>to all those interested or in need of information pertaining to stock market events, global events and any other event which may effect their financial position. Information presented by The Investors Investor is not an offer to buy or sell securities referred to herein. It is strictly for information or entertainment purposes, highly opinionated and not in any way guaranteed as to accuracy or completeness. Readers are urged to obtain complete financial and other information directly from their investment advisor or the company. We are not liable for any investment decision. We are not an investment advisor, analyst, market maker, money manager, stockbroker, etc. The Investor's Investor maintains a model to demonstrate methods of portfolio management and to track our feelings with respect to the markets. <underline>However, because we buy a stock for our portfolio, it does not mean you should go out and buy that stock for your portfolio. This is the same common sense you would apply when a complete stranger buys stock for their portfolio. </underline>Only you know your circumstances, your resources and your needs. We do not. We are not investment advisors and do not purport to tell people, or suggest to people, what they should buy for themselves. We never issue "Buy" or "Sell" recommendations, and we don't give personal investment counseling. We hope our information and immediate reporting of events supplies you with the complete knowledge of information necessary to help you make a fully informed decision, as it pertains to your individual investment philosophy. DISCLOSURE STATEMENT AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from Mirandor Explorations Inc., Sideware Systems Inc., King Communications International and Valu-net Corporation for the purposes of communicating with Internet shareholders - both current an d prospective - to increase awareness of and interest in these companies AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company. These activities consist of providing investors with previously disclosed factual information concerning the company, comments from company principals, copies of material that has been filed with regulatory authorities, comments prepared by registered brokers or investment dealers a nd material published in newspapers, magazines or journals. AGORA INTERNET RELATIONS CORP does not participate in the maintenance of an orderly market in their client's securities, nor is required, or receives an incentive for, the maintenance or achievement of a price or trading volume for their client's securities at a certain level, for a specified period of time or by a certain date. AGORA INTERNET RELATIONS CORP. may, at any time, own shares in these companies.