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To: sepku who wrote (9382)	8/16/2001 11:11:37 AM
From: Bucky Katt	Respond to of 13094

The current yen value probably has more to do with dollar weakness than it's own internal fundamentals. All I know is my strategy has been to short the USD, long the Euro & Yen, as posted months ago... I also would not sell the Japanese short as a powerhouse of brain-power & production. We turn out lawyers & MBA's, they turn out engineers.

To: sepku who wrote (9382)	8/16/2001 11:34:18 AM
From: James Strauss	Read Replies (1) \| Respond to of 13094

sepku: You pose a good question regarding the YEN... Normally a weak economy coupled with very low interest rates would produce a devalued currency... But in the case of Japan we have the world's second largest economy with a very positive trade balance... They export more than they import... This, is what I believe has kept the YEN from crashing... In fact, this forecast suggests that the YEN has stabilized and may rise slightly against the dollar... forecasts.org The YEN is way off its 1970's value, but has been fairly stable the past 5 years... forecasts.org So, as long as they continue to export more than they import, and the world currencies move towards equilibrium, the YEN should remain stable... Jim