2 -- The Michigan Daily - Monday, April 4, 1994 KOREA Continued from page 1 issue in Korea," Perry said yesterday on NBC's "Meet the Press." "But we will take a very firm stand and strong actions. It's conceivable where those actions might provoke the North Ko- reans into unleashing a war, and that is a risk that we're taking." Perry said the CIA believes that North Korea already has as many as two nuclear bombs. "I know they're lying when they say they're not developing a nuclear program," Perry said. "I do not know SKATING ON ROCKY GROUND they're lying in saying ... they could very well conceive that having a nuclear-free peninsula would be to their advantage." The United States and the United Nations have been pressing North Korea to allow international inspec- tors to examine its nuclear sites. North Korea has given no public indication that it is willing to do so. In the meantime, the United States and South Korea have postponedjoint military exercises - although Perry said both sides were discussing a schedule yesterday. Protester disrupts Easter service for Clinton family WASHINGTON (AP) - An AIDS protester shouting from the balcony disrupted the Easter Sunday church service attended by President Clinton, his wife and daughter. Two Secret Service agents sitting in a pew directly behind the Clintons jumped to their feet and shielded the couple after a man shouted from the church balcony, "Save your prayers for Bill Clinton." The disruption occurred about midway through the service at the Foundry United Methodist Church, just after a reading and while the congregation was silent. The protester, who the Secret Ser- vice identified as Luke Sissyfag, also shouted, "Where's the Manhattan Project ... for AIDS?" referring to Clinton's campaign promise to mount a federal AIDS program of that mag- nitude. Sissyfag was led out of the church by parishioners. Secret Service spokesman Dave Adams said Sissyfag agreed to go downtown with agents to be questioned. But, he added, "No threats were made against the presi- dent." TIME TO STORE YOUR WINTER CLOTHES Don't ship your clothes home this spring. We'll store your coats, jackets ... everything FREE with cleaning. We'll keep it all 'till fall insured safely all summer long. I I Write for The Michigan Daily's summer weekly. Call 764-0552 for details. 1 RESIDENCE HALL STUDENTS ...INQUIRE AT YOUR FRONT DESK! F( )R FURTHER INFORMATI ON CALL CARDINAL GARMENT CARE CENTERS K 3052 Carpenter at Packard Ypsilanti, MI 48197- 971-5796 J MAGIC WOK 613-615 E. William Ann Arbor, MI 48104 HOMOSEXUALITY & CHRISTIANITY A Public Debate on the Morality Question Friday, April 8, 1994, 7:00 to 9:30 pm -continuing- Saturday, April 9, 1994, 9:30 am to 5:00 pm '+ Modern Languages Building, Aud 3 4 ~What is the basis of morality? - What does this basis teach us about homosexuality? How should the Church and the State respond? Speakers Include: George F. Beals, MA. Minister with and representing the Saline Church of Christ Thomas Saffold, M. Div. Local American Baptist Pastor and Activist Frances Mayes, MS, MTS. Pastor, North Rome Baptist Church, Onsted. Member, Tree of Life MCC, Ypsilanti Supported by: Guild House, the Lesbian-Gay Male Programs Office, P-FLAG, and area churches. I A roller blader skates past the construction by Mitchell Field yesterday. Investors face possibility of renewed market ownurn Quality Chinese food Good - Cheap - Fast Mon - Sat 11 - 9:30 p.m. Sunday 12 - 9:30 p.m. 1st YEAR ANNIVERSARY CELEBRATION 41. . . .. C Super Magic Dinner Deal Any entree on our menu only $2.99 *Offer good 4 p.m. to 9:30 p.m. Sunday April 3 and Monday April 4, 1994 S Magic Anniversary Special Any entree on our menu only $2.99 Offer good all day ANNIVERSARY DAY, Tuesday April 5, 1994 ON ANNIVERSARY DAY, APRIL 5: *HOT TEA with any meal *Magic" fortune cookie containing a coupon good with your next regularly priced entree NEW YORK (AP) - The worst may not be over for the U.S. stock market, pummeled last week by a barrage of economic and political news that investors have increasingly viewed as omens of rising inflation and uncertainty. Many professionals don't rule out a renewed selling assault today when the market reopens from a three-day Easter weekend. But others say the respite gave investors an opportunity to rethink the impulse of dumping stocks. Some forecasters are even ex- pecting stocks to rebound somewhat. "I think it's hard to know," said Marc Chandler, research director at Ezra Zask Associates, a money man- agement firm in Norfolk, Conn. "We've seen some indiscriminate sell-, ing. That's created some buying op- portunities." Sellers overran the market last week, depressing the Dow Jones in- dustrial average by nearly 139 points, or 4 percent, from the week before. The best-known barometer of U.S. stock prices, which now stands at 3,635.96, is off more than 8 percent from its all-time high of 3,978.36 reached Jan. 31. Broader measurements of stock values also tumbled last week, a pos- sible sign that a 3 1/2-year-old Wall Street rally is undergoing or has un- dergone what strategists call a correc- tion, or a pullback to more realistic levels. A key reason for the drop has been the Federal Reserve's moves to raiss short-term interest rates Feb. 4 and March 23, reversing a five-year strat- egy of keeping rates low to stimulate the economy. The Fed has said inter- est rates must be raised to thwart inflation, a step that ought to reassure investors. But the Fed aroused the opposite reaction by creating uncertainty over when interest rates will stop risingm That means strong economic news has been viewed with increased ap- prehension in the financial markets; Last week, for example, stocks and bonds tumbled on a report of rising consumer confidence. The market's behavior was com- plicated by the Good Friday holiday, when the Labor Department said job creation surged in March, another possible warning of higher inflation:9 Investors had to delay their reaction until today. Further complicating the picture is today's release of another potential market-moving piece of information, a monthly assessment of the manu- facturing economy by the National Association of Purchasing Manage- ment, a trade group. If its report shows unexpectedly strong March growth or* much higherprices paid by factories for raw materials, the market could fall. Against the backdrop of fear over higher interest rates and inflation, political concerns have crept into Wall Street's collective thinking as pos- sible reasons to sell. I ---,I ONLY KAPLAN OFFERS: Total Training! Live classes taught by MCAT experts. Extra help sessions. Five volume Home Study kit. Virtual Reality MCAT'S with computer feedback. Training library with topical and released exams. Big Picture Video series. Unlimited 1-on-1 Tutoring! Meet individually with instructors to cover particular areas of difficulty. The Kaplan Commitment! We make a year-long commitment to help you get When tel. e canlIfind booklets this good. collated, stapled, folded, and so fast Professional appearance and priced right! Ine Micnigan Daily (iSSN /45-967) is published Monday through Friday during the fall and winter terms by students at the University of Michigan. Subscriptions for fall term, starting in September, via U.S.mail are $90. Winter term (January through April) is $95, year-long (September through April) is $160. Oncampus subscrip- tions for fall term are $35. Subscriptions must be prepaid. The Michigan Daily is a member of the Associated Press and the Associated Collegiate Press. ADDRESS: The Michigan Daily, 420 Maynard Street, Ann Arbor, Michigan 48109-1327. PHONE NUMBERS (All area code 313): News 76-DAILY; Arts 7630379; Sports 747-3336; Opinion 764-0552 Circulation 764-0558; Classified advertising 764-0557; Display advertising 764-0554; Billing 764-0550. NEWS David Shepardson, Managing Editor EDITORS: Nate Hurley, Mona Qureshi, Karen Sabgir, Karen Talaski. STAFF: Robin Barry, Hope Calati, James R. Cho, Lashawnda Crowe, Rebecca Detken, Lisa Dines, Sam T. Dudek, Ronnie Glassberg. Michele Hatty, Katie Hutchins. Judith Kafka, Maria Kovac, Andrea MacAdam, Patricia Montgomery, James Q. Nash, Zachary M. Raimi, Rachel Scharfman, Megan Schimpf, Shari Sitron, Mpatanish~i Tayari, Lara Taylor, Michelle Lee Thompson. Maggie Weyhing, April Wood. Scot Woods. CALENDAR EDITOR: Andrew Taylor. GRAPHICS: Jonathan Berndt (Editor), Kimberly Albert, Jennifer Angeles, Andrew Taylor. EDITORIAL Sam Goodsten, Flint Wainess, Editors ASSOCIATE EDITORS: Julie Becker. Jason Lichtstein. STAFF: Cathy Boguslaski, Eugene Bowen, Jed Friedman, April Groff, Patrick Javid, Jeff Keating, Jim Lasser, Mo Park. Eiisa Smith. Allison Stevens, Beth Wierzbinski. LETTERS EDITOR: Randy Hardin. SPORTS Chad A. Safran, Managing Editor EDITORS: Rachel Bachman, Brett Forrest, Tim Rardin. Michael Rosenberg, Jaeson Rosenfeld. STAFF. Bob Abramson, Paul Barger, Tom Bausano, Charlie Breitrose, Aaron Burns, Scott Burton, Ryan Cuskaden. Marc Diler, Darren Everson, Ravi Gopal, Ryan Herrington, Brett Johnson. Josh Kaplan, Josh Karp, Will McCahill, Brent McIntosh. Dan McKenzie, Antoine Pitts, Melinda Roco, J.L. Rostarn-Abadi. Meianie Schuman, Dave Schwartz. Tom Seeley, Brian Sklar, Tim Smith. Eisa Sneed, Barry Sollenberger, Doug Stevens, Jeremy Strachan. Ken Sugiura, Ryan White, Heather Windt. ARTS Melissa Rose Bernardo, Nima Hodaei, Editors EDITORS: Jason Carroli (Theater), Tom Erlewine (Music), Rona Kobell (Books), Darcy Lockman (Weekend etc.). John R. Rybock (Weekend etc.). Michael Thompson (Film). STAFF: Jordan Atias, Nicole Baker. Matt Carlson, Jin Ho Chung, Thomas Crowley, Andy Dolan. Ben Ewy, Johanna nlies. Josh Herrington, Kristen Knudsen. Karen Lee. Gianluca Montatti, Heather Phares, Scott Plagenhoef. Mari, Raitt, Austin Ratner, Dirk Schulze, Liz Shaw, Sarah Stewart. Alexandra Twin, Ted Watts. PHOTO Michelle Guy, Evan Petrie, Editors STAFF Anastasia Banicki, Mark Friedman, Mary Koukhab. Elizabeth Lippman, Jonathan Lurie, Rebecca Margolis, Judith Perkins, Joe Westrate, Sarah Whiting. Chris Wolf, S I ":cl °a .rndrvi fr.awr-n einna e ±vai±J II