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

To: Jess Beltz who wrote (5835)	6/13/1998 11:15:00 PM
From: orson sanderson	Respond to of 10921

Jess, you are the breath of fresh air that is needed in this thread. i have to give it to you and Jacob. Back in Dec 97, i had to throw in the towel with this sector since the asian mess is getting messier. I hibernated for a while and am glad to see great ideas from Jacob and you. I did not even had the guts to post all the negative since i was afraid of being flamed.:) Great thinking as always.;-)

To: Jess Beltz who wrote (5835)	6/14/1998 12:30:00 AM
From: Stitch	Read Replies (2) \| Respond to of 10921

Jess, <<Ramsey, they (the Japanese) don't have any choice. I think you're right that they can say no. Indeed, they probably will.>> Can you think of any reason, I mean from their point of view, that would explain what appears to us, a suicidal course so far? I mean, is it really just wrapped up in a complex ethos we cannot understand, or are there some arguments that even have a hint of rationality? I really puzzle over this. Best, Stitch

To: Jess Beltz who wrote (5835)	6/14/1998 1:35:00 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10921

No signs of crisis: 6/13/98 SJ Mercury News For the past six months, Rubin and President Clinton have been cajoling Japan to address its huge bank debts, stimulate its moribund economy and help its Asian neighbors by buying more foreign imports. The Japanese government has responded with a $120 billion package of new government spending and $215 billion yen in new government funds to stabilize the fragile banking system. Kenneth Courtis, strategist and chief economist for Deutsche Bank in Tokyo, said he saw no signs that the Japanese leadership believes it faces an economic crisis. He said Japanese officials consistently claimed the recession dogging the nation is a ''crisis of confidence'' unrelated to economic fundamentals, and that given time, the markets will respond to the new economic stimulus measures