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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (34473)	11/30/1999 9:26:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Heinz, interestingly a lot of people said the same thing about aol last year, but it ran a lot farther. If aol belongs in the snp, yahoo does, it is the best known internet brand next to aol and 'is' making a profit. however, what is much different than last year, p/c ratios weren't near this level until january, there are too many bulls. bb

To: pater tenebrarum who wrote (34473)	11/30/1999 9:47:00 PM
From: Don Green	Read Replies (1) \| Respond to of 99985

Post Office Voted As Safe Haven For Depositors: Survey Wednesday, December 1, 1999 TOKYO (Nikkei)--Nearly half of the nation's bank depositors say they plan to move some of their money from banks to the post office after a new 10 million yen payoff ceiling is placed on deposit insurance next April, according to a Nihon Keizai Shimbun survey. The July poll, based on responses from 721 adult men and women in Tokyo, confirms the widespread belief that the government-run post office, which handles the personal savings of individuals, is the most risk-averse of all financial institutions. Some 25.8% of respondents said they will divide their savings into accounts at different institutions, while 22.3% said they will keep their money in the post office or a single trustworthy bank. The post office drew support from 46.1% of the respondents, followed by Bank of Tokyo-Mitsubishi (8315) at 23.3%. Sumitomo Bank (4203) was a distant third with 5.7%. However, researchers caution that the public's preferences might change in the months to come, as new megabanks resulting from, for example, the planned merger of Industrial Bank of Japan (8302), Dai-ichi Kangyo Bank (8311) and Fuji Bank (8317) could win confidence from the public. On preparedness for the nation's Big Bang financial deregulation, Citibank N.A., Japan Branches came in first place, with other foreign-affiliated institutions dominating the top 10 list. The Japanese banking arm of Citigroup Inc., the U.S. financial services group, was among the first to provide round-the-clock ATM services and telephone banking. (The Nikkei Financial Daily Wednesday edition)

To: pater tenebrarum who wrote (34473)	12/1/1999 12:35:00 AM
From: Don Green	Read Replies (1) \| Respond to of 99985

Yen's value seen surging to 95 against dollar by next March The strengthening of the Japanese yen is expected to continue into early next year, rising to 95 yen to the U.S. dollar in March, the Korea Trade-Investment Promotion Agency (KOTRA) said yesterday. The KOTRA, citing a group of Japanese economic think tanks, said that the growing expectations for Japan's economic recovery and rising sales of U.S. dollars may push up the yen's value below 100 even before the beginning of the new year. As a result, Korea's auto, shipbuilding, petrochemicals, steel and electronics firms, which are in direct competition with Japanese rivals in overseas markets, will continue to benefit from the strong yen, the KOTRA said. According to the KOTRA report, Dai-ichi Kangyo Bank forecast that the yen will continue to remain strong due to Tokyo's market interventions and institutions' sales of foreign-currency assets, staying in the 102-105 yen range by the year's end and rising to 95 yen by the end of next March. Dai-ichi Insurance said that the simultaneous weakening of the U.S. dollar and euro will push up the yen's value to 97-102 in the first quarter of 2000. Nihongyoko Bank issued a more cautious forecast, saying that the yen's value will rise to 95 by the year's end before making a further ascent to 90 by the end of next March. Tokyo-Mitsubishi Bank estimated the yen to stay in the 100-103 range by the end of next March. But Nomura Securities' think tank predicted that the yen will weaken to 102-108 by the end of next March after hovering around 100-105 this year, explaining that major economic indexes, including consumption, will not turn out better than expected. (YCM) Updated: 12/01/1999