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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (54147)	4/1/1999 10:24:00 AM
From: tom r. phillips	Read Replies (1) \| Respond to of 132070

Michael -- Malaysia WEBs ringit-to-dollar rate adjusted favorably: biz.yahoo.com any thoughts? (i've been long). tom excerpt:WILMINGTON, Del.--(BUSINESS WIRE)--April 1, 1999--WEBS Index Fund, Inc. (the ''Fund'') announced today that in computing the net asset value of its Malaysia (Free) WEBS Index Series (AMEX: EWM - news; the ''Malaysia Series''), values denominated in Malaysian ringgits will be converted into U.S. dollars at an exchange rate of 3.80 Malaysian ringgits per U.S. dollar, which is the ''official'' exchange rate fixed by Malaysian regulatory authorities in connection with the Malaysian capital controls imposed in September 1998. Since October 9, 1998, the net asset values for the Malaysia Series were computed using an exchange rate of 5.07 ringgits per U.S. dollar.