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To: radames who wrote (72689)8/8/1999 5:52:00 PM
From: Mark Fowler  Respond to of 164684
 
i find this as a truly bearish
sign and i thin the cause of this is due to y2k concerns,,<<

That's hitting our market too just think what might happen to these other countries who are less prepared ? Would you invest in Asia? No comment from me...



To: radames who wrote (72689)8/8/1999 9:39:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
HOT STOCKS-Japan: Sapporo Breweries, Shin-Etsu
TOKYO, Aug 9 (Reuters) - The following stocks are on the move
on Monday:
0105 GMT - Sapporo Breweries <2501.T> up 20 yen or 4.21
percent at 495, buoyed by news that Nomura Securities Co Ltd had
upgraded its rating on the shares to a "2" from the previous "3."
0051 GMT - Shin-Etsu Chemical Co Ltd <4063.T> up 130 yen or
3.15 percent at 4,260, helped by a newspaper report over the
weekend that said the nation's biggest silicon wafer maker plans
to raise its domestic shipment price by 10 percent.
0031 GMT - Namihaya Bank <8525.OS> ask-only at 41,900 yen
against its Friday ask-only price of 44,000, following news that
the Osaka-based regional bank was formally declared insolvent by
financial regulators.
Namihaya shares are due to be delisted from both the Tokyo
Stock Exchange and the Osaka Securities Exchange on November 8.
0020 GMT - Softbank Corp <9984.T> bid-only at 28,420 yen
against its Friday close of 27,420, while Tokyo Electric Power Co
Inc <9501.T> up 150 yen or 5.73 percent at 2,770.
Japanese media reported on Monday that the two firms and
Microsoft Corp <MSFT.O> of the United States had agreed to
establish a telecoms joint venture to offer fixed-rate
telecommunications services for Internet users in Japan.


REUTERS
Rtr 21:13 08-08-99