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Technology Stocks : Fuji (FUJIY)

FUJIY 11.59

+0.1%

3:59 PM EST

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To: Josef Svejk who wrote (2)	4/21/1998 6:05:00 AM
From: Tony Grier	Read Replies (1) of 12

Morgan and Stanley just added fujiy to their 40 stocks to buy list. Dropped sne which I totally disagree with. At any rate, bought fujiy big yesterday. Bloomberg radio said fuji film was blasting in tokyo this morning. Market is closed but have to wait till wsj gets the closing quotes to see what to expect. Yen stronger by just a little as traders fearful of getting slaughtered by defending from BOJ. Sometimes I wonder what my government is up to. The total lack of support from the US for the yen is a double edged sword with the sharpest edge on the side that swings back at us. Our interest rates, if Japan is forced to sell T's to support, will climb steeply in US. Long term it is impossible to balance trade in US with high interest rates here. Right now I would say the dollar is in extreme danger. Put the dollar slide in ones pocket by buying dollar denominated stocks in Japan. Tony

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