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Politics : Idea Of The Day
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To: Al Serrao who wrote (14091)11/13/1997 1:10:00 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Al- I am looking at Japan tonight- I would think that Japanese package will restore some confidence- The market close yesterday was bad but last night subdued reaction from Japan was equally strange- in my opinion hand of God - Al you are worried about bonds but let me tell you if markets sell bonds will also eventually sell as one of the reason of market weakness has been threat of Japanese if they ever need to sell paper to repariate some badly needed cash- however I think this is again noy possible as selling US paper would lead to Yen atrengthening against $ that is the last thing an export oriented company like Japan wants to get out of recession. I bought today into Teradyne Parameterics Cambridge ASMLF TXN AMAT Lattice COMS march and Feb out of money calls- for me this is the point to add some of these stocks.
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