On defense sector stocks:

About $9 Billion Is Added to Pentagon Budget
NYT, today
By TIM WEINER

WASHINGTON -- The White House agreed with congressional negotiators Thursday
to add about $9 billion to the military budget, including about $2 billion
for intelligence programs and about $1 billion for missile defense,
congressional staff members said. 

Republican leaders in Congress hope to return Pentagon spending to levels
approaching the historic highs of the Reagan administration, when military
budgets exceeded $300 billion a year. The House and Senate agreed last month
to authorize $270.5 billion for fiscal 1999.



Tom Kruse / Casilla 5812 / Cochabamba, Bolivia
Tel/Fax: (591-4) 248242
Email: [EMAIL PROTECTED]



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