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To: Rational who wrote (9114)11/23/1997 5:27:00 PM
From: x70sxn  Read Replies (1) | Respond to of 18056
 
Dear Sankar:

What is ur input on Texas Instruments. Did u ever looked at it before?

I was thinking to get some when it hit 90, but as it appears I am still thinking. -g-

I know that it was split last week and may be it will trade upthis week .

Any ideas on this stock would be greately appreciated.

TIA

Regds
Shrini

PS: Sorry to drag u to a particular stock...but u can reply only if u follow...



To: Rational who wrote (9114)11/23/1997 5:43:00 PM
From: Rational  Read Replies (1) | Respond to of 18056
 
To all: I hope the postings on YHOO here are not bothering anyone. I
have done so because it is a case of a real bubble, fueled by a highly
leveraged Japanese company which illustrates the demise of the banking
systems in Japan, Korea and other SE Asian countries.

Companies like Softbank have been fueling YHOOs with hilium. The
price of Softbank has fallen below its IPO price. (See the table
below). Does it tell anything about price of YHOO in which Softbank
had an interest of 50%, but now reduced to 30%?

Softbank had been reporting to its shareholders the gains in stock
prices as profits, namely for YHOO from $3 per share to $52 per share
as Softbank profits and Japanese banks have been lending against such
profit potentials (well, it is not "real-estate") to such "hight-tech"
companies up to an average leverage of 3:1. [Softbank's leverage must
be much higher.] I now see first hand the real bubble in the Japanese
banking system, waiting to explode soon:

I expect the largest YHOO shareholder will receive a margin call.

Sankar

Data for Seven Recent Business Days

Date; Opening High Low Closing Volume
Price Price
1997/11/13 2,950 2,950 2,810 2,860 78.1
1997/11/14 2,860 2,960 2,860 2,920 40.1
1997/11/17 2,920 3,090 2,920 3,090 55.4
1997/11/18 3,100 3,200 3,020 3,040 65.6
1997/11/19 2,950 2,950 2,750 2,750 84.2
1997/11/20 2,760 2,850 2,750 2,800 61.1
1997/11/21 2,880 2,900 2,810 2,830 43.3