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Strategies & Market Trends : Tech Stock Options

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To: Pierre J. LeBel who wrote (51677)9/6/1998 8:20:00 PM
From: flickerful   of 58727
 
for a sense of our true understanding...
these were some of the remarks in yahoo
finance as of 7:31pm.....about the nikkei.

*''The Nikkei average is not likely to go upward nor downward,'' said Yasuo Ueki, general manager at Nikko Securities Co Ltd. ''It will likely hover around 14,000 in a narrow range.''

*He said, as long as U.S. stocks remain stable, the downside of the Tokyo stock market will be limited.

*The yen's strength will also be supportive to Tokyo stocks, he said. The yen's rise increases the value of yen-denominated assets.

*An analyst at Wako Securities said any fall in the Nikkei would be limited due to recent active buying in futures.


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