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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (3136)	11/23/1997 3:09:00 AM
From: Rational	Read Replies (1) \| Respond to of 27307

Remember, too, there is no free lunch. If a bank asks me to repay a loan early, I'll extract a compensating benefit to me. Relationships are nice, but business is business and there are alot of banks. You are right that a bank customer will reciprocate the way you are saying under normal circumstances. But, during wide-spread credit crunch (which has not begun yet in Korea), getting a new bank for credit is not easy, if not impossible, because every bank is facing the crisis and regulators are tightening. I have experienced the credit crunch at Board of Gov of Fed Res System Board Room and have done a lot of research on US credit crunch. I know how painful it is even for good customers to be denied credit. ... nothing in your scenario that forces* Softbank to liquidate assets.* No one will physically force Softbank (IMO) to sell YHOO stock, but the circumstances will be so compelling that Softbank will have a clear incentive (in this business sense it will be forced) to sell some of its most liquid stocks; it may be YHOO and/or some other stock. Sankar