Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 155.15

+2.1%

Nov 26 3:59 PM EST

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To: Jess Beltz who wrote (5835)	6/14/1998 1:35:00 AM
From: Jacob Snyder	Read Replies (1) of 10921

No signs of crisis: 6/13/98 SJ Mercury News For the past six months, Rubin and President Clinton have been cajoling Japan to address its huge bank debts, stimulate its moribund economy and help its Asian neighbors by buying more foreign imports. The Japanese government has responded with a $120 billion package of new government spending and $215 billion yen in new government funds to stabilize the fragile banking system. Kenneth Courtis, strategist and chief economist for Deutsche Bank in Tokyo, said he saw no signs that the Japanese leadership believes it faces an economic crisis. He said Japanese officials consistently claimed the recession dogging the nation is a ''crisis of confidence'' unrelated to economic fundamentals, and that given time, the markets will respond to the new economic stimulus measures

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