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Non-Tech : MBK---------Bank of Tokyo Mitsubishi Ltd -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (2)	2/24/1998 9:38:00 AM
From: chirodoc	Respond to of 170

<<<<<Thanks, I was getting lonely since I opened this baby up for business the other day. .......in a few years we will feel smart, but not necessarily for the next few months. remember, citicorp could be had for about $10-15 six or seven years ago. i wish i had bought back then. same thing: beat up bank + deregulation + flat stock market. .......i don't think japan will rise as fast as u.s., but i do think they are STARTING to do the right things after 7 years of stupidity. don't forget that american industry looked pretty stupid 10 years ago.

To: Lucretius who wrote (2)	2/24/1998 10:47:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 170

This is why i think we may see even lower prices on this stock in the next 6 months--combination of japanese market and bad loans: we could see $10 or less, sounds more and more like citicorp 7-8 years ago to me. from n.y. times........ "Bank of Tokyo-Mitsubishi which has committed an estimated 90 percent of its equity cushion to loans in the region (Asia), may be in the worst shape (of any of the international banks)" "Fitch IBCA - a major international rating agency- noted that Japanese banks were the most at risk in Asia and cited MBK as having particularly heavy exposure to Thailand, Indonesia and South Korea"