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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST
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To: Maurice Winn who wrote (13034)7/27/1998 7:50:00 PM
From: Ramsey Su   of 152472
 
Maurice,

while the US will sell the statue of Liberty to whoever willing to pay the price, some of these other countries may be a little more protective.

biz.yahoo.com

I think Korea should be praised for fighting off $$Bill.

Does this look like the Japanese or anyone are eager to buy yen?

TOKYO (Nikkei)-Japanese individual investors are flocking to
investment trusts set up and managed overseas, say industry sources.
With no sign domestic interest rates will rise from record-low levels,
individuals are aggressive buyers of high-yield foreign bond investment
trusts.

The outstanding net asset balance of such trusts bought by Japanese
investors was up 290% year on year at 2.71 trillion yen as of the end of
June, a 143.3 billion yen gain from May.

Sales growth in June came mostly in foreign currency-denominated
bond investment trusts which guarantee principal and in dollar-based
money market funds. The net balance of bond investment trusts
increased 154.1 billion yen from a month earlier to 1.96 trillion yen in
June, accounting for 72% of total assets in investment trusts.

The yen's weakness increases yen-based yields on foreign
currency-denominated investment trusts, analysts noted.

(The Nihon Keizai Shimbun Monday evening edition)
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