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To: yard_man who wrote (33576)4/14/1999 5:22:00 PM
From: TheStockFairy  Read Replies (2) | Respond to of 86076
 
<<This is where the juice is today,'' said Nick Heymann of Prudential Securities. ''Even companies that don't have any sales in Asia are up.''>>

I am totally in the wrong line of work.

Stocks go up because of speculation that China was going to be admitted into the WTO. China was not allowed into the WTO. Stocks go up because of speculation that China was going to be admitted into the WTO.

Isn't there a step missing in there?

And yeah, where did Asia get all of this money to spend all of a sudden? Is there some yuan burning a hole in someone's pocket over there? I guess they bought UBID, EBAY and AMZN last year -ng-

TSF