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To: Craig Lieberman who wrote (81717)	11/21/1998 5:02:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 176387

Craig, the Japanese parliament leader denied rumors of a potential tax cut in Japan after our markets closed (the Japanese press originally reported that their markets were up 3% on hopes of a tax cut). this sent the dollar up against the yen late Friday evening. LT seems to like Japan. i have no idea how the Japanese markets will respond to these rumor squashings come Monday. possibly he's making implied reference to Japan again. here's a link: dailynews.yahoo.com <<officials denied the plans, pouring cold water on the yen's gains.>>

To: Craig Lieberman who wrote (81717)	11/22/1998 11:33:00 AM
From: D.J.Smyth	Respond to of 176387

sounds as if the Japanese are going to love this: not <<Ozawa also finally killed off world financial market hopes that the coalition with Obuchi's Liberal Democratic Party (LDP) would mean dramatic economic change, saying there was no agreement to cut or suspend the nation's sales tax.>> dailynews.yahoo.com