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<x-html><html><base href="http://biz.yahoo.com/";><title>Yahoo - Mexican bankers favor currency union with U.S.</title><center><table cellpadding=2 cellspacing=0
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disclaimer</small></td></tr></table></table><b>Wednesday October 14, 11:43 pm <small>Eastern Time</small></b><h2>Mexican bankers favor currency union with U.S.</h2><!--rf|908433780-->
<!-- TextStart -->
<p>MEXICO
CITY,
Oct
14
(Reuters)
-
The
head
of
the
Mexican
Bankers'
Association
said
on
Wednesday
the
government
ought
to
be
studying
eventual
currency
union
with
the
United
States.<p>Carlos
Gomez
y
Gomez
said
the
floating
peso
had
worked
well
to
offset
the
impact
of
emerging
market
jitters
that
have
swept
the
world
following
devaluations
in
Asia
and
Russia.<p>``But
that
does
not
rule
out
carrying
out
deep
studies
to
find
a
solution
and
I
would
say,
over
the
medium
and
long
term,
on
monetary
union,''
Gomez
y
Gomez
told
reporters.<p>A
debate
over
whether
or
not
Mexico
should
abandon
the
free-floating
peso
sprung
up
recently
after
financial
turmoil
pummelled
the
Mexican
currency.
The
peso
fell
around
20
percent
against
the
dollar
in
a
few
months
before
recovering
somewhat
from
its
mid-summer
lows.<p>President
Ernesto
Zedillo
this
week
ruled
out
any
changes
in
foreign
exchange
rate
policy
while
other
government
officials
have
denied
that
a
currency
board
system
or
currency
union
with
the
United
States
are
under
consideration.<p>Gomez
y
Gomez
dismissed
a
currency
board
system,
saying
it
did
not
prevent
the
possibility
of
speculative
attack
on
a
currency.<p>``We
incline
toward
the
possibility
of
deeply
studying
monetary
union,''
he
said.<p>Mexico
recently
took
over
from
Japan
as
the
United
State's
second
largest
trading
partner
after
Canada.
It
is
also
linked
to
both
the
United
States
and
Canada
through
the
North
American
Free
Trade
Agreement
(NAFTA).<p>Polls
have
shown
that
most
Mexicans
are
in
favor
of
taking
on
the
powerful
greenback
in
lieu
of
their
bruised
peso.<p>Mexicans
have
seen
their
hard-earned
savings
go
up
in
smoke
several
times
in
the
past
quarter
century
as
every
presidential
handover
since
the
mid-1970s
was
accompanied
by
an
economic
crisis
and
a
devaluation.<p>
<!-- TextEnd -->
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</x-html>From ???@??? Thu Oct 15 07:11:56 1998
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Message-ID: <007001bdf7fa$f3783cf0$0e455e18@xxxxxxxxxxxxxxxxxxx>
From: "Dick" <dick@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: What's worse than no data? !
Date: Wed, 14 Oct 1998 19:16:23 -1000
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John, I threw in the towel with Telescan after bad data
continued for a full year after they said they planned to
"get it straightened out once and for all with their data
vendor".......It's just not worth the headaches...There's too
many different ways to get data and do "pro-searches"
in other ways these days, and Tscn just isn't competitive
anymore....Especially for what they charge and the way
you get nickel and dimed to death.
-----Original Message-----
From: Johnonetoo@xxxxxxxxxxxxxxxx <Johnonetoo@xxxxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, October 14, 1998 7:02 PM
Subject: What's worse than no data? !
>Just a quick note to see if anybody else has been experiencing the bad
>data from Telescan like I have for almost a week. Several stocks and
>indices as well as whole folders have the decimal point "shifted" so
>that as an example the dow might read as a 760. Telescan says "there's
>something wrong with one of the servers and we don't know which". The
>suggestion they made was to delete all the offending data, turn off the
>copmuter to shut down the power to the modem then re-download. This has
>been going on for days, amazing how the people over there all seem so
>brain dead. Anybody else having the same errors? What's worse than not
>getting your data? How about getting crap and then having to delete it
>all before trying again the next day.
>
>Are there any equity/fund/index data vendors without all the problems?
>Last time I saw angry posts it was aimed at Reuters, hell, they were my
>alternative if the Telescan crap continued.
>
>... John
>
>ps: I havn't had any bad trades, I'm angry at Telescan incompetance.
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