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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (3096)	4/13/1998 8:11:00 PM
From: John B. Smyth	Read Replies (1) \| Respond to of 9980

Some grass roots type information: I met with a brother-in-law and family for dinner yesterday. He is a superintendent with a large local saw mill that cuts custom lumber for the Japanese (70%) and U.S. (30%) housing markets. As they cut strictly custom orders, they do not inventory lumber. They had shut down for 3 weeks this year due to declining markets in Japan. Last year they were down 3 months. Based on last years progress at this time, they are a bit ahead of where they were. While anything could happen yet, and it represents only a small part of the Japanese economy.... For what its worth. JBS