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To: marc chatman who wrote (17598)4/1/1998 11:50:00 PM
From: PuddleGlum  Read Replies (1) | Respond to of 95453
 
**OT** >>Japan 2.9%. The question is why are they down. Anybody know what may have triggered it?<<

The Japanese govt just lifted restrictions on overseas investment. I don't know the precise details, but methinks that lots of Japanese money was held prisoner and is now making its way over to US markets. And for those of you who know the track record of Japanese investment in the US (business investment, that is), you may think of running the other way.

Long ESV, FGII, HMAR, MDCO (until May when someone's going to call me out it), and NE.

pg



To: marc chatman who wrote (17598)4/2/1998 5:45:00 AM
From: JZGalt  Respond to of 95453
 
Well, we're into April now, and the government has taken its pump and gone home.

Give that man a cigar! Correct answer. <VBG>


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