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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (122)12/3/1998 8:24:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Buba cuts repo rate to 3.0 pct from 3.30 pct
FRANKFURT, Dec 3 (Reuters) - The Bundesbank said on Thursday it lowered its key repo rate to 3.0 from 3.30 percent.

The German discount rate remains unchanged at 2.50 percent and the Lombard emergency financing rate also unchanged at 4.50 percent.



To: Tom Allinder who wrote (122)12/3/1998 8:32:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Word is "RATE CUTS ACROSS EUROPE". . . 9 countries. Up we go.
Watch shorts cover. Should be a sharp opening. Internets? EH. Anyones guess. But with TMCS IPO today...it may fuel some frenzy that would turn things around.

Still treading cautiously in cyberspace. Blue chip multi-nationals should fare well.

Rande Is


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