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To: Bobby Yellin who wrote (27728)	2/4/1999 11:18:00 AM
From: John Hunt	Respond to of 116836

Re Rebound In Commodities? Hi, Could it be due to Richard's insight about companies changing from JIT to CYA inventory management in anticipation of Y2K? Could it also be companies seeing commodity prices rising a little and jumping in to increase inventories while costs are so low. Not sure how closely gold is tied to other commodities right now ... Maybe. John

To: Bobby Yellin who wrote (27728)	2/6/1999 3:12:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116836

Judge Dismisses Nike Lawsuit Friday, 5 February 1999 S A N F R A N C I S C O (AP) A JUDGE has thrown out a lawsuit that claimed Nike Inc. violated California's false-advertising laws by whitewashing conditions in its Asian factories to allay U.S. customers' concerns over sweatshops. Superior Court Judge David Garcia dismissed the lawsuit Friday without giving a reason. The lawsuit accused Nike - the world's largest athletics shoe maker - of falsely stating that it guarantees a "living wage" to all workers and of painting a false picture of conditions for 450,000 workers in Asian factories run by contractors. Nike, based in Beaverton, Ore., denied making false statements and said its descriptions of factory conditions were protected by freedom of speech. The ruling will be appealed, said Alan Caplan, one of the lawyers who filed the lawsuit in April. Caplan said he was at a loss to understand the ruling, because the right of free speech does not bar lawsuits over fraudulent speech. Vada Manager, spokesman for Nike, said the company's statements were not the type of advertising regulated by the California law, as the lawsuit alleged. Nike Chairman Philip Knight said the ruling will allow the company to redirect resources that were diverted by the lawsuit toward "its initiatives for continuously updating factory working conditions around the world." Nike said it had acted during the past year to set a minimum age of 18 for workers in Asian footwear factories, increase wages 40 percent for entry-level factory workers in Indonesia, and improved factory air quality by substituting water-based adhesives in the assembly process. The lawsuit said Nike's self-descriptions were refuted in studies by labor and human rights groups, news media investigations and a January 1997 audit by the firm of Ernst & Young, commissioned by Nike. The audit, leaked to reporters in November 1997, found that employees in a large Vietnam shoe factory were exposed to cancer-causing toluene and suffered a high incidence of respiratory problems.