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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (1103)6/11/1998 2:32:00 AM
From: Step1  Respond to of 3902
 
10 what? 10 yen? 10 dollars?

Top headline news in Japan this morning (TBS network)

1- Not enough world cup tickets for Argentina Japan match
2- Nomo for NY Mets
3-Aum Shinrikyo Trial
4- 10 billion dollars in bad loans to Japan Oil Energy Corp.
5-1.39 child per woman birth rate, lowest ever, 1.25 in Tokyo

sg



To: chirodoc who wrote (1103)6/11/1998 4:47:00 AM
From: fut_trade  Read Replies (2) | Respond to of 3902
 
I thinking about NEC Corp (NIPNY) as a potential short candidate. They currently have the Lion's share of PC sales in Japan and are expanding semiconductor capacity. They have a lot to lose and I think their margins will get squeezed.

quote.yahoo.co.jp

Closed at 1280 today, down 46. They've been in a downtrend for the past 10 months.