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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Beltran who wrote (5331)	5/7/1998 11:22:00 PM
From: MikeM54321	Read Replies (2) \| Respond to of 10921

Joseph, Thanks for the link. Business Week's May 18th issue sure has some interesting stories(Microsoft and DOJ lawsuit). I had to read your link twice before I could believe it. I just wonder how could this be? "Zaito?" Wouldn't someone know about this before now? Should be very interesting to see the details and what Japan has to say. This certainly would be a reason for Hashimoto and the ruling LDP to be very wary of a stimulus package "Regan" style. Only positive thing I can think of is that at least their interest rates are almost zero, therefore the costs of holding this debt is not horrendous. But this means they must be very leary of raising interest rates to support the Yen. A strong Yen is what the US has been begging for. If the story is accurate, looks like it may be a long time before Japan is about to pull out of their recession like we did. They don't have too many options if saddled with this alleged debt. If true, I wonder what this is going to do to the Yen vs. US$? I just read an article today saying that relationship may move from 134Yen=1US$ to something around 245Yen=1US$. I thought it was so far-fetched I didn't even bring it up. Maybe it wasn't so far fetched afterall. If we think Japan is not buying our high tech goods now, can you imagine how little they would buy if the exchange rate drastically changed for the worse. Well this is all just pure, 100% speculation for now. We have to wait and see all the details in the story first and also hear Japan's response. MikeM(From Florida)