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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Paul Engel who wrote (66232)10/12/1998 3:10:00 AM
From: exhon2004  Read Replies (2) of 186894
 
Paul:

re <<It's hard to tell if the Asian markets are up because they are REACTING to the U.S. markets on Friday or if they are LEADING our markets..... Obviously, I hope for the latter.>>

I believe your hopes have some credence. Japan is up due to collaborative talks being held between the LDP and opposition parties to solve the banking crisis. The news makes it sound like a real possibility the banks will be recapitalized with part of a 67 trillion yen plan.

Hong Kong is reported to be both reacting to this and the possibility of interest rate reductions in HK. Monday may be real interesting.

Best Regards,

Greg Gimelli
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