JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: chirodoc who wrote (1671)	1/11/1999 4:21:00 AM
From: Step1	Read Replies (1) of 3902

hey , this talks about my town... Sad but true... >> Many of the troubled third sector theme parks, for example, were either too remote to attract a large enough attendance or too obscure. The Canadian World in Hokkaido featuring Anne of Green Gables and 19th century Canadian architecture, as well as the Sea Gaia in the southern city of Miyazaki, on the island of Kyushu << I think I posted on the Miyazaki theme park before, 2 billion USD to build (double projected cost) and 1 billion in the red since it opened (5 years ago) I am sort of using this as a barometer to tell me when it will be safe again to invest in the Japanese market... when it fails , then the bottom is near... (The park is called Sea Gaia, has a 45 story hotel plus a 2000 seating capacity conference room plus an indoor sea world of monstrous proportions... ) Will never bring a dime on investment... Impossible... A folly... Not unlike what is being built in Las Vegas by the sounds of it ... Where the hell are we going as a race, as a specie...?? The only reason it has not fail is that as the article points out, it is well connected (with the local gov and one of Japan's biggest bank, Dai Ichi Kangyo). Later sg

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