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To: Joan Osland Graffius who wrote (9898)	12/2/1997 3:14:00 AM
From: Snowshoe	Read Replies (1) of 18056

One bright spot in all this doom and gloom from Asia is that savvy multi-national companies have an unprecedented opportunity to acquire quality assets throughout Asia. EDS seems to have pulled off a major coup d'etat in it's drive to participate in Japan's upcoming "big bang" financial reforms... Yamaichi Info Systems says EDS to hire its staff TOKYO, Dec 1 (Reuters) - Yamaichi Information Systems Co, an affiliate of failed brokerage Yamaichi Securities Co Ltd, said on Monday that its entire work force comprising of 600 workers would be employed by Electronic Data Systems Corp's Japanese unit by the end of this year. "We understand that EDS has decided to hire our staff as it hopes to expand its business in Japan," a spokesman for Yamaichi Information Systems said. The basic agreement between the companies does not include the transfer of Yamaichi Information Systems' goodwill or assets, the spokesman said. Yamaichi Information Systems posted sales of 32.8 billion yen in the year to March 1997, he said.

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