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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?

To: Tom D who wrote (229)	11/19/1997 8:14:00 PM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 887

Tom D, 1. I got my DEPO today. Checked with my broker. Went to $14.50 to insure that it went through. 2. I read the article, and I have been hearing the story for a long time. The problems they point to in Japan do exist, as do the problems that many point out about the US trade defecit, budget defecit, etc. I tend to think that Japan is a very psychologically stable country, and they are not prone to panic. So I am not too worried about a big crash. But if Japan starts to crash, what will they have to do to get funds to support themselves? They will sell their T-bills, their overseas real estate, etc. Japan can go to the U.S. and ask them to pay back all of the money they loaned to the U.S. But where will the U.S. go to get their funds? The U.S. is the largest debtor nation, and they will probably not be able to get any funds (at least at reasonable rates). There has been talk about this for 10 years or so, both in the U.S. and Japan. Whether or not it will happen, I have no idea. But it sure is a good advertisement for gold. Do you have any ideas about ways to protect funds in case of emergency? T-bills, and other U.S. currency based vehicles are very risky in the event of the above scenario. Good luck, THC

To: Tom D who wrote (229)	11/20/1997 12:46:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 887

<<<<<When the Japanese panic in an attempt to preserve their wealth, their only choice will be an asset that is not someone's liability. The asset that best describes this property is gold ........in fact---- in the face of currency collapse the indonesians, malayasians, philipinos, brazilians, chinese, koreans did NOT step up to buy gold. ....imho the last 5 years has proved that for the forseeable future gold is no safe haven--until all the central banks have sold their last ounce of surplus. ........japan is in no way ready to sell treasureis--first they will sell land and then they will sell japanese and ASEAN stocks--this is documented by the fact that crossholdings have declined much faster than sales of treasuries.......when stocks are decreasing in value by 10-20% per year and treasuries are yeilding 5-6% guaranteed--which would you sell? .....by next summer the big bang will be in place and the japanese turnaround will start. i for one am waiting for this time to jump back into the japanese market--their p/e's are almost reasonable as we speak. .......for now we will have 3-9 more months of japanese recession till they continue deregulation and maybe propose a tax cut.