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The TASE Looks Good To Lehman Brothers.

US investment bankers Lehman Brothers have issued a 74-page report on the Israel economy and the economy's influence on shares listed on the Tel Aviv Stock Exchange (TASE). The report notes that low inflation, continued reduction in interest rates, improvement in Israel's balance of payments, stabilization in the bond market and continuing government privatization will have a favorable effect on the TASE. A more positive outlook for economic growth in 1999 will lead to more investments in small cap stocks. There will be more room for small and medium cap companies to improve their m

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