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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (9000)	11/22/1997 6:50:00 PM
From: Mark Nelson	Read Replies (2) \| Respond to of 18056

Did anyone notice Korea's Sat. session down 20.64 (-4.08%)? Taiwan up 134.14 (1.73%)! Why would Taiwan go up, especially today? Go figure. Mark

To: Joan Osland Graffius who wrote (9000)	11/22/1997 7:11:00 PM
From: Rational	Read Replies (1) \| Respond to of 18056

Joan: On the other hand these creditors can just take the assets without liquidating them. I am just trying to look at all sides of this issue. To the extent that creditors own stocks through their brokerage accounts in Yamaichi, they will be given those stocks. But, Yamaichi has raised funds (debt at fixed rate) and invested a lot of those in stocks and derivatives which have to be liquidated. I do not know the exact composition of assets of Yamaichi. IMO, only if too many Yamaichis and big Asian banks fail at once, will we have immediate repercussions in the US stock markets. Sankar