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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 143.23-2.9%3:59 PM EST
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To: Ramsey Su who wrote (6149)7/3/1998 2:04:00 AM
From: Jacob Snyder  Read Replies (1) of 10921
 
Ramsey: re Japan's bank plan:

1. If they take the bad loans out of a bank, and change the management, then it's a new bank, even if the name doesn't change. It's not business as usual, if they replace the people making decisions at the banks, with other people who act differently.

2. I take it as a given, that the plan will cost several times what the first estimates are.

3. Did they say that the auditor's review wouldn't stretch out to 5 years, and the resultant reports (in full) would be made public? This would be a big step toward transparency, if it happens.

4. I think we'll know before September. The U.S. and Chinese governments, and even more so the currency markets, are going to punish any further attempts at delaying. Their feet are to the fire now, and the hot pincers are being applied.
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