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To: Tom who wrote (2632)	1/7/1999 2:11:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 2951

Tom, Did you see that China is abolishing the SEZs? Ron

To: Tom who wrote (2632)	1/7/1999 2:55:00 PM
From: Tom	Respond to of 2951

Seems Fidelity knows what's about to take place. Fidelity seeks thrift charter BOSTON, Jan 7 (Reuters) - FMR Corp., parent of mutual fund behemoth Fidelity Investments, filed an application with federal regulators for a charter to establish a separate thrift unit, the Boston Globe and Boston Herald reported on Thursday. The thrift would be called Fidelity Personal Trust Co., and would not make loans but would qualify for federal deposit insurance, the Herald said. The thrift would allow Fidelity to grow its trust business, the Globe said. FMR was not available for immediate comment. -----