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Technology Stocks : 2000: Y2K Civilized Discussion

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To: C.K. Houston who wrote (420)8/28/1999 10:54:00 AM
From: flatsville  Read Replies (1) of 662
 
Just in case you missed it:

Message 11093243

>>>...The repatriation of yen to "window dress" balance sheets isn't a speculative move, Yu notes, indicating that insurance companies and trust banks have been the largest players behind the move.

Coleman echoed that Japanese institutions are liquidating losing positions in Europe and the U.S. and believes that as Y2K-related fears take hold, more underwater positions overseas will be closed out.

"We're in the thick of position-squaring activity," Coleman said.<<<


Also read the notes at the bottom of the post from one of the futures threads.
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