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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: bluejeans who wrote (74397)1/25/2000 11:28:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
bj, GZTR once sold at $27 for its potential and I think it has more potential now that it has selling products.

Japan is a basket case. They simply will not do what needs to be done, which is raise interest rates. And they are awash with Greenspan Wallpaper, otherwise known as dollars. No growth. However, their market, like ours, seems to be separated from economic reality.

The rest of Asia is in better shape. As long as the US continues to inflate the money supply, they will suck out dollars to cure their problems. As long as the dollars have any value. But a true economic recovery, as opposed to stock market recoveries, doesn't get serious until the gluts are worked off. And that can only happen when Japan starts to buy again.

I think I'll pass on power lunch. <g>