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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (13945)4/2/1998 5:14:00 PM
From: Hawkmoon   of 31646
 
off topic:

JDN,

Japan may have the greatest amount of saving, but I have a feeling they are saving it over here in the US. Japan also has the world's largest national debt(per capita) and looking at 100's of Billions in bad debts that need to be absorbed and written off, this will continue for some time.

And the facts are that many of Japan's banks are now considered below mandatory capitalization requirements as of April 1st(the reason the gov't was trying to prop up the Nikkei to the 17,000 level with no success)

And to top that off with the Yen continuing to weaken against the dollar, their is a flight of capital to the US.

And we all know that next year all of us have to deal with Y2K failures, and Japan is woefully unprepared according to my sources.

Just my humble opinion.

Regards,

Ron
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