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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.6%

3:59 PM EST

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To: Jurgen who wrote (42816)	12/18/1997 10:06:00 PM
From: Paul Fiondella	Read Replies (3) of 186894

Japan down significantly This is a major drop 923.58 to 15238. Apparently the cause of this decline is the failure of Toshoku, a major food industry company. It announced bankruptcy today with 639.7 billion yen of debt. Traders then went into a panic fearing all the good news about the tax cut was over and now would come further bad news such as bank and industry bankruptcys.

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