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To: Frank Ellis Morris who wrote (123681)5/11/1999 6:07:00 AM
From: James Fulop  Read Replies (1) | Respond to of 176387
 
Just found out margin requirements went up for DELL at Fidelity.... ????? Very odd..... (40 to 60%)



To: Frank Ellis Morris who wrote (123681)5/11/1999 7:25:00 AM
From: Lee  Respond to of 176387
 
Hi Frank,.Re:. I have discontinued Chinese take out orders. No more egg roles or chop sticks and I stopped drinking Chinese tea. Yes some of my friends are surrounding some of their restaurants until they stop surrounding our American Embassy.

I guess I just don't understand why anyone would take these measures against Chinese-Americans who have absolutely no influence or say-so with Mainland China. Wouldn't it be more pertinent to target Chinese imports which, by the way, are increasing nicely?

Just curious,<g>

Lee



To: Frank Ellis Morris who wrote (123681)5/11/1999 7:41:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<--OT-->'We' say 'Internment' in Arkansas,go-fer-it.<eom>



To: Frank Ellis Morris who wrote (123681)5/11/1999 7:50:00 AM
From: Mohan Marette  Respond to of 176387
 
<--OT-->I guess this is out of the question as an investment then?

*CHINA DEVELOPMENT BANK, formerly known as the State Development Bank, a Chinese government-controlled lender, plans to price $500 million in 10-year global bonds today at about 11 a.m. New York time, said bankers familiar with the sale.

Merrill Lynch & Co. and Salomon Smith Barney are joint book-runners and lead arrangers for the sale, which is likely to yield about 280 basis points more than U.S. Treasury bonds of comparable maturity. While the China Development Bank had considered selling both five and 10-year bonds, investors preferred the longer maturity, said the bankers. While yields of existing Chinese sovereign bonds have been generally stable following mass demonstrations in China in reaction to the bombing of the Chinese embassy in Belgrade over the weekend by North Atlantic Treaty Organization aircraft, bankers say the market's reaction is being closely watched. Bankers say the bonds have already attracted more than $500 million in demand, though the size of the sale is unlikely to be increased beyond $500 million.

China Development Bank filed documents with the U.S. Securities and Exchange Commission to sell as much as $1 billion in debt securities. The bank is rated ''Baa1'' by Moody's Investors Service Inc. and ''BBB+'' by Standard & Poor's Corp. The bonds were today rated ''Baa1'' by Moody's. While the bonds aren't explicitly guaranteed by China's central government, they carry a ''liquidity maintenance agreement,'' which says the People's Bank of China -- China's central bank -- will make capital contributions if the issuer is not able to make bond payments.



To: Frank Ellis Morris who wrote (123681)5/11/1999 8:35:00 AM
From: Samuel Kho  Read Replies (2) | Respond to of 176387
 
The problem is credibility.

The explanations given by NATO and President Clinton are as unbelievable to the Chinese as the explanations of President Clinton about his Lewinsky affair to the Americans.

Three separate warheads hit the Embassy. The Embassy has been in that address for at least 4 years. Belgrade is an international city. How can you bomb an embassy in a big city and say "oops, sorry, I got the wrong address".

By the way, the initial "apologies" of President Clinton were verbal and non-official.

Anyway, this is politics played by the "governments". Whether the bombings is really an error or not, we will never know. There is really nothing we civilians can do. We civilians should not make this into a racial-hatred thing among ourselves.

Let's just focus on DELL since that is what this group is about.

Sam