SI
SI
discoversearch

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.
Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: Frodo Baxter who wrote (5636)11/24/1997 9:11:00 PM
From: Dale J.  Read Replies (2) | Respond to of 9124
 
Quantum friends, looks like you will get another buying opportunity.

NEW YORK (Reuters) - The Tokyo stock market's benchmark fell below the key psychological level of 16,000 in mid-morning trade Tuesday, the first day of trading after "Big Four" brokerage Yamaichi Securities Co. Ltd. announced plans to liquidate.
The Nikkei 225 index tumbled more than five percent in the first hour of trade, dropping about 827 points to 15,894.

As for me, I can do without anymore buying opportunities.



To: Frodo Baxter who wrote (5636)11/24/1997 11:27:00 PM
From: Dale J.  Respond to of 9124
 
<<re: If they want to sell their products at a loss, that's fine with me!>>

Because Lawrence, as you know, selling products at a loss is an unsustainable business practice. They eventually go bankrupt and the IMF has to bail them out. The IMF is funded primarily by the U.S., England, France, Germany, and Japan. The governments of those countries are funded it's taxpayers.

So, as a citizen of the U.S., I get to pay taxes to the U.S. government, which in turn gives my money to the IMF, which gives it to the S. Koreans, who in turn gives it to Samsung. I've got better uses for my money, than give it to Samsung. Dale