Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (9943)	3/9/2001 8:30:21 AM
From: stomper	Read Replies (1) \| Respond to of 10876

Also re Japan and end of March: To:exmedstudent who wrote (77671) From: IceShark Friday, Mar 9, 2001 2:52 AM Respond to of 77699 This is the first time, quarter ended 3-31-01, that organizations in Japan have to mark-to-market investment securities. If you don't know what that is, they have to value their share holdings at the trading price at close on 3-31. Due to large share holdings/cross holdings many will take quite a hit, 12,000 is thought to be the disaster number. That sort of hit will put organizations like financials in violation of net capital measures and others in violations of all sorts of financial measures. Take life insurance ratings - you want to buy your life policy to take care of your wife and kids from someone that is underwater? It may just about put their financial system under. As if they don't have enough problems. So that is the big deal and why the Japanese government will be stepping in and propping up their market as can be seen by the last two days' action and in statements from govt officials. It is a bad deal and they are going to lose, the numbskulls.