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To: DJBEINO who wrote (26616)1/16/1998 12:33:00 AM
From: MR. PANAMA (I am a PLAYER)  Read Replies (2) | Respond to of 53903
 
DJ thanks again fer the news....I feel that TXN is the most undervalued semi stock out there...MU was when in the low 20's and i feel is now the 2nd most undervalued...

However it takes time for Momentum to build ...who would have thought that when MU was 24 the other day that it would jump almost 50 %(as D Lapre would say F I F T Y P E R R R R R C E EN T) so quickly..

The mkt has punished TXN as though it is a 100 % DRAM maker...hahahah ahhahaha ..

Have fun everyone ... when you are with the trend $ is your friend...

Strange day today...looks like money flows out of general dow stocks into techs...need few more days to work this out...



To: DJBEINO who wrote (26616)1/16/1998 12:41:00 AM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) | Respond to of 53903
 
Tokyo stocks surge on hopes for more econ steps

TOKYO, Jan 16 (Reuters) - Tokyo stocks surged six percent to above the 16,000 level in mid-afternoon trade on Friday on speculation the Japanese government will announce more measures to boost the economy.
The market was also buoyed by reports the ruling Liberal Democratic Party is planning to allow banks to re-value their land holdings based on market prices, brokers said.

By 0430 GMT, the Nikkei 225 average was up 6.11 percent, or 924.17 points, at 16,046.15.

Japanese media said the government may loosen its tight fiscal policy to come up with extra steps to boost the economy by the end of March. The government announced a series of measures to stimulate the economy and stabilise the financial system late last year. The measures, including a one-off income tax cut, are currently being debated in parliament.

But traders say the measures are insufficient and additional economic steps may be the only recourse to boost the Nikkei.

Traders were also cheered by media reports that the ruling Liberal Democratic Party is planning to allow banks and other firms to re-value their land holdings based on market prices.

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To: DJBEINO who wrote (26616)1/16/1998 2:50:00 AM
From: Richard Russell  Respond to of 53903
 
Is this the same market maven who told everyone sell all their stocks and head for the hills in the summer of 96 at the bottom of the correction which was probably the best buying opportunity in recent memory? Wasn't she the one who was dumped by her publisher because her newsletter did not sell? Is she the one that cnbc occasionally trots out like a sideshow? Wasn't she the Abbey Cohen of the late 80s early 90s who was knocked off her pedestal by her many poor calls? Just wondering. Could be a contrary indicator. RR