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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Naggrachi who wrote (56183)6/16/1998 8:50:00 AM
From: John Solder  Read Replies (1) | Respond to of 58324
 
If Japanese banks were to falter any more we could see a panic
selling of US Bonds to pull capital back home to Japan. A huge wholesale selloff in the bond market would drop bond prices and cause a rise in yields. Scared investors would flee stocks to "safe bonds" and the stock market would get crushed.

Let's hope this doesn't happen.



To: Naggrachi who wrote (56183)6/16/1998 10:56:00 AM
From: Jim Duffett  Respond to of 58324
 
Didn't we learn our lesson six moths ago??? The whole market was in the toilet due to the Ringit, Indonesia, etc., etc. Telebrasil(TBR)
fell to 83 intraday on currency fears and was back to 110 three days later. The market was looking for an excuse to retreat a little and now you have an opportunity. Again, look at the bounce we had then.

Use the opportunity