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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 (5843)	6/15/1998 8:28:00 AM
From: Mason Barge	Respond to of 10921

I read an interesting suggestion in the WSJ this morning. One analyst suggets that the sloppy practices in the Japanese financial market are going to be corrected by the market, not by the Japanese, because Western financial organizations are going to come in and take increasing equity positions, together with enough clout to require financial accountability. As the yen weakens and the stocks continue to decline, they're going to get new directors who simply aren't going to allow them to keep doing business as usual. Merrill Lynch has already taken over a brokerage house, and the Long-Term Credit Bank of Tokyo has a new European partner. This should be amusing. The Japanese are already screaming about Westerners buying up "cheap" Japanese real estate. Remember Rockefeller Center?? LOL Wait until someone buys 20 or 30% of one of the Japanese giant banks.