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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Norrin Radd who wrote (3375)	6/19/1998 2:56:00 PM
From: DJBEINO	Read Replies (2) of 9582

Yen strengthens: The yen has reached 134.36 against the dollar, strengthening ahead of this weekend's meetings between the G-7 deputy finance ministers meeting this weekend in Tokyo. There is pressure on Japan to come up with a comprehensive banking reform package. If one does occure, the yen might strengthen further, but without some concrete action, the yen might weaken after the weekend.... when yen was @ 147 a week ago. DRAM was for example 300/147= 2.04 now yen @ 134, dram is 300/134= 2.23 over 9% increase

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