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To: Mohan Marette who wrote (90593)	1/21/1999 3:56:00 PM
From: Byron Xiao	Read Replies (3) \| Respond to of 176388

SHORT SUNW now! It will be 85 tomorrow.

To: Mohan Marette who wrote (90593)	1/21/1999 3:58:00 PM
From: Kayaker	Respond to of 176388

(REUTERS) Brazil shares end down 4.6 pct as the real weakens Brazil shares end down 4.6 pct as the real weakens SAO PAULO, Jan 21 (Reuters) - Brazilian stocks ended down 4.6 percent Thursday as the local currency weakened 7.6 percent amid a persistent wave of dollar outflows, even though the government's austerity package had cleared a crucial hurdle in Congress, traders said. Equity prices also came under fire amid speculation that investment funds faced potential difficulties after high-risk derivative funds run by Banco Boavista Interatlantico posted huge losses in the wake of last week's devaluation of the real, they said. Sao Paulo's blue-chip Bovespa index <.BVSP> closed at 7,321 points. Shares were ripe for profit-taking, having risen 13 percent in January as of Wednesday's close, traders added. MORE * end of story *