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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST
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To: SKIP PAUL who wrote (6350)12/13/1997 7:54:00 AM
From: Ramsey Su  Read Replies (1) of 152472
 
Skip or Paul,

"One thing that Japan has a lot of, is Money. I understand that just the interest on the US treasuries Japanese hold is $120 billion US."

Go find "S&L Hell", written by some reporter (WSJ I think) about the US S&L debacle. Excellenet account of the events. It should give you some idea of the magnitude of the real estate/bank related problem Japan faces.

Ramsey
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