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To: John Pitera who wrote (27060)	3/23/1999 11:57:00 AM
From: Earlie	Respond to of 86076

John: I'm with you. Aside from the ugly fundamentals, the Japanese government has another problem in trying to pry the Nikkei up for "Big Bang Part 3" (April 1) and that is the fact that their favourite pot that formerly brimmed with cash, the Postal Savings Fund, is insolvent. Most think it finally succumbed last year when they tried to lever the Nikkei to 18000. I note that they are hiring consultants to try to figure out how to sell (dump) the purchased stock without cratering the market. Any thoughts on who they should hire? (g) Pity the Japanese. They save so their government can blow their dough away trying to save an insane banking sector. Best, Earlie