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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (3465)9/3/2003 12:25:06 AM
From: Crossy  Respond to of 3902
 
re: 6844.J - 363 Yen (up 5%)
Shindengen Electric shindengen.co.jp - laggard in the Power Semiconductor maker universe is running on a mixed day in Japan's market. Catching up in relative valuation. It's still cheapo at PSR of under 0.35

This is not a tiny microcap "sweatshop" but a world class company trading at "JAPANESE DEPRESSION" (e.g. bombed out) valuations. It wont't stay at that level for too long anymore IMHO..

rgrds
CROSSY



To: Crossy who wrote (3465)9/3/2003 10:59:06 AM
From: borb  Respond to of 3902
 
US September survey, over 50% bullish, less than 20% bearish.



To: Crossy who wrote (3465)9/4/2003 4:20:56 PM
From: borb  Respond to of 3902
 
Japan gave no confirmation whether it had stepped in but Tokyo traders saw the Bank of Japan, which conducts interventions on behalf of the finance ministry, selling yen and pushing the currency down more than one yen.

story.news.yahoo.com