SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (25421)11/14/2002 11:51:47 AM
From: re3  Read Replies (1) | Respond to of 74559
 
Jay, i heard NEM's earnings were tepid...are you sure that is the one to be lathering rinsing and repeating on ?



To: TobagoJack who wrote (25421)11/14/2002 2:00:20 PM
From: S. maltophilia  Read Replies (1) | Respond to of 74559
 
Hi Jay
Any thoughts on:
online.wsj.com

SHANGHAI -- Brokers have been urged not to sell and local business reporters forbidden to write bad news during this week's Chinese Communist Party Congress....



To: TobagoJack who wrote (25421)11/14/2002 9:32:34 PM
From: pezz  Read Replies (3) | Respond to of 74559
 
<<my HSBC did either a wise or dumb thing on my behalf>>

"Shares of HSBC fell as much as 5.9 percent and were down 3.3 percent at 683.5 pence at 3:28 p.m. on the London Stock Exchange. "

At first blush.....



To: TobagoJack who wrote (25421)11/14/2002 10:21:23 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Lets ressurect Bin Laden since Iraq didn't bite the bait.
You see! The "war" machine has to be kept fueled. VBG

Saturday I intend to go exotic, meeting owner of the restaurant I use to go, Jay. Know no word in Mandarim, though :-)



To: TobagoJack who wrote (25421)11/17/2002 5:26:03 AM
From: TobagoJack  Respond to of 74559
 
Hello Jay, <<HSBC>> in a strange twist of globalization, a Hong Kong HQ-ed bank with its main share listing in London, but large block ownership in Hong Kong, particularly in a government (HK Monetary Authority - our Central Bank) operated Tracker Fund (a unit trust/mutual fund that resulted from 1997 market intervention due to Asian Financial Crisis) has just agreed to buy the US based Household Finance with its 50 million ever eager J6P sub-prime borrowers.

As WSJ and NYT believe the HK government is a puppet of the Beijing government, the fate of HK's well-being, Beijing's prestige, HSBC's profit, and the American J6P are now tied together as never before, and with J6P electorates, the administration, every administration.

A very twisted tale already, and could be made more crumpled still if the Japanese would extend some syndicated financing to HSBC. It would then be a cocktail party where all the guests has each other by the dangly parts;0)

Message 18243393

"A big chunk of the shares are owned by the Tracker Fund, which is steered by the Hong Kong Monetary Authority"

Chugs, Jay