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Technology Stocks : Apple Inc.

AAPL 273.67

+0.5%

Dec 19 3:59 PM EST

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To: RX4PROFIT who wrote (10363)	3/28/1998 6:51:00 PM
From: Phillip C. Lee	Read Replies (1) of 213177

Dennis, This is a good news for U.S. stock market as a whole. Japan should have done that a long time ago. They know how to make money from exporting goods to U.S. and other countries, but don't know how to invest on foreign stock markets. Europe and U.S. are paying close attention on Japanese money flows. As long as the door is open to invest in foreign countries, it will be a very significant force to push U.S. and European stocks higher. However, they change the policy very often and hesitate to make a firm decision. Hope it's true this time. Apple's a popular brand in Japan and its recent runup surely attracts new investment from Japan. In order to avoid their bubble real estate situation which was bursted in early '90's, they should learn a lesson to invest globally to diversify the investment and reduce the risk with better returns. As I said before, there are plenty of money sources that will inject into Apple's stock. Japan's an obvious example. If you pay a little bit more attention on CNBC in the early morning session last week, you would notice that European countries already knew this trend and push harder to attract this big pot - 1/3 of total global savings, Geez. Phil

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