Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 252.34

+1.0%

12:59 PM EST

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To: fred woodall who wrote (20113)	6/11/1998 1:15:00 AM
From: akidron	Read Replies (1) of 70976

the figure quoted by the Japanese Govt, during the last attempt to prop up the Nikkei was that the major banks become technically insolvent below 14,000... I think this is because at that time the assetts would have shrunk below the min assttt to borrowing ratio allowed by law.... I don't know if this has changed but it will only take one big bank to go bust ant this juncture to really get thing going --- I KEEP READING ON THIS THREAD THAT THE DOWNSIDE RISK IS MITIGATED AT THESE LEVELS ---- why? --- the situation is far worse than in '95 yet AMAT trades at 2.5x that low....

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