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Technology Stocks : Cymer (CYMI)
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To: Jeff Mills who wrote (9146)11/11/1997 9:52:00 PM
From: Elroy Jetson  Read Replies (1) of 25960
 
Hong Kong has no bounce... As one analyst said recently, "Since when is it Bullish to be taken over by the Communists?"

Hong Kong is irrelevent. Japan, however, is very important to our economic future. Dai-Ichi-Kangyo bank is expected to fail and be merged with another bank when the Japanese government "big bang" requirements go into effect forcing banks and insurors to "mark to market" their real estate and stock holdings.

Expect mmore upsetting news in the next few months, but unless Alan Greenspan screws up, it will slow the US economy but damage it.
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