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Pastimes : Ask Mohan about the Market

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To: Snowshoe who wrote (9002)11/22/1997 7:17:00 PM
From: Rational  Read Replies (4) of 18056
 
Greg:

Nov 17: "Yamaichi says job cut report exaggerated"
Nov 18: "Yamaichi Sec blames its stock fall on speculation"
Nov 19: "Yamaichi Sec says asks Fuji Bank for support"
Nov 20: "IBJ says Yamaichi Sec's business foundation solid"
Nov 21: "Yamaichi Sec says no problem with debt repayment"
Nov 22: "Yamaichi Securities set to close down"

This shows how falling companies lie to their shareholders. INTC has been doing it for a long time, so is AMAT by announcing a lot of orders from Asia without cautioning that some of these orders may be cancelled or that the distant future could be difficult to predit.

Sankar
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