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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Paul Fiondella who wrote (19243)12/26/1997 8:36:00 PM
From: E_K_S  Read Replies (2) of 42771
 
** Off Topic ***

Paul - All those loans that Japan rolled over for Korea...were they U.S. dollar denominated? Or were they done based on the won? If they were done in WON...Japan now has a 'huge' foreign currency loss added to the nature of the original loan...more risk!.

With their (Japan's) other problems, this possible foreign currency loss may tip the scales where JAPAN may need IMF money too.

I like fire side sales. It appears that U.S. investors may get the opportunity to buy Japan assets on the cheap too.

Happy New Year

EKS
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