SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Gerald L. Kerr who wrote (19979)5/21/1998 7:21:00 AM
From: Turboe  Read Replies (1) | Respond to of 34592
 
I agree with PUMA-- Dog Do and his ilk pushing .05 stocks and missing PUMA? Dog-- do you not have enough money to buy stocks over $2? Want me to loan you some?

I used to make money from this thread until jealous types came in here and ruined the party. Well, when teenagers get into stocks that will happen...



To: Gerald L. Kerr who wrote (19979)5/21/1998 7:29:00 AM
From: cool  Respond to of 34592
 
Bit of news on Japan economy---

[ Business | US Market | Industry | IPO | S&P | International | PRNews | BizWire | Finance Home ]

Thursday May 21, 5:29 am Eastern Time

Japan steelmakers see exports to Asia falling

TOKYO, May 21 (Reuters) - Japanese steelmakers said on Thursday they expect exports to other parts of
Asia to fall significantly in the current business year due to the region's economic turmoil.

''We expect a significant fall in steel exports to South Korea, Thailand and Indonesia in 1998/99 and the
fall may have a fairly big negative impact on earnings,'' Kawasaki Steel Corp said in a statement.

Sumitomo Metal Industries Ltd said that the volume of its steel exports to Southeast Asia sharply fell in the
1997/98 business year and that it expects exports to shrink further this business year, particularly those to
Thailand and Indonesia.

Kobe Steel Ltd said the volume and the value of exports from its various business divisions to Asia were
on the decline.

In order to cope with the fall, Kobe Steel said it is trying to maintain product prices and boost exports to
other markets.

Kobe said its affiliates in Thailand and Malaysia are considering increases in the prices of their products, a
boost in exports to other countries and postponement of capital investment.

Sumitomo said that some of its units in Southeast Asia are facing tough times but their poor performances
are likely to have a limited impact on Sumitomo's group earnings as their business sizes are small.

Related News Categories: US Market News, international

Help

Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited
without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions
taken in reliance thereon
See our Important Disclaimers and Legal Information.
Questions or Comments?