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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1270)	2/16/1999 8:49:00 AM
From: Boyd Hinds	Respond to of 1722

Porc, the only one on that list that I owned in the past year was SIF (Sifco Industries). It reported poor earnings soon after I bought it, and I sold it a slight loss. (Learned my lesson not to chase some stocks) SIF was a great buy about 2 years ago, as it was ramping up sales and earnings. It's languishing in the low teens now, and it hasn't been on my watch list recently.... The others, I have no comment on.

To: porcupine --''''> who wrote (1270)	2/16/1999 9:53:00 PM
From: porcupine --''''>	Respond to of 1722

IMF Chief Decries Russia Loan MOSCOW (AP) _ The International Monetary Fund won't give Russia desperately needed loans unless the government overcomes internal resistance to market reforms, the IMF chief said in an interview published Tuesday. Communists who dominate Russia's parliament frequently criticize IMF policies, and demand a reversal of, or at least an end to, free-market reforms. To many Russians, whose living standards have plummeted since the Soviet Union's collapse, the word ''reform'' is anathema. ''There are voices in Russia that say you must reject cooperation with the IMF, cut yourself off from the rest of the word, and proceed along some kind of a traditional-for-Russia 'own way','' the Russian daily Novye Izvestia quoted IMF managing director Michel Camdessus as saying. ''Practice shows it to be a mistake.'' ''I don't want Russia to turn into a Cuba or North Korea.'' But even the Communists in Prime Minister Yevgeny Primakov's Cabinet want IMF loans to meet at least some of Russia's foreign debt payments this year and avoid a humiliating default. Camdessus said he understands Russia's economic plight, but insisted that loans are conditional on a sound 1999 budget plan that shows signs of financial reform. ''As soon as the government unveils a realistic plan to steer the country out of its economic crisis and implements tough fiscal policy, I will be the first to recommend that my colleagues assess releasing a new economic aid package to Russia,'' Camdessus was quoted as saying. An IMF mission left Moscow in earlier this month without striking any agreement with the government. Two IMF fiscal policy experts were expected in Moscow later this week to gather more information on the budget.