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

To: Pete Young who wrote (5539)	5/26/1998 8:25:00 AM
From: Mason Barge	Read Replies (1) \| Respond to of 10921

Re: Asia <<And will China not then just devalue in order to take the lead again?>> China has strong reasons to devalue the yuan, but most experts on the subject seem to think that they would do so only as a last resort. They have pledged not to do it. <<re you concerned that Japan will liquidate some investments (US lt bonds) in order to generate some cash>> This is way beyond me. As of this morning, the opposite is true. The flow of Japanese money into U.S. securities is increasing and is propping up the current bull market. The whole problem with Japan's terrible loans to SEA resulted from a lack of anywhere to invest its capital. In the Atlantic article, the author seemed to me to say that Japan has plenty of capital on hand, in the form of Postal Deposits (over a trillion dollars??).