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To: ANDREW TISTLE who wrote (4206)	1/19/1999 1:07:00 PM
From: SJS	Respond to of 19700

I think that Alan will be very measured in his "attacks" if any. He knows that the entire global community is very very fragile right now, and he's not about to indicate anything to disrupt the tenuous situation in Brazil, Russia, or Japan. If Brazil hadn't blown up last week, I would say he might have been a wee bit more agressive, but NOW........he's not going to rock the financial world or the US "money machine (read: stock market)" with Brazil's wounds wide open and still fresh. JMHO (see below, Briefing thinks like I do.....) ______________ From Briefing.com: (excerpted message from hourly report:) ...Mixed market today probably somewhat reflective of traders' uncertainty over what Fed Chairman Greenspan will say before the House Ways and Means Committee tomorrow... Prior to Brazil's devaluation, Briefing.com felt that Greenspan might have taken the opportunity to let some of the air out of the asset price bubble given the recent increase in cautious comments from other Fed officials (Rivlin, Ferguson, Guynn)... However, with Brazil producing unsettled global markets once again, Briefing.com thinks the risks of a Greenspan stock price warning have been signifiacntly reduced