Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (5209)	6/16/1998 2:48:00 AM
From: pat mudge	Respond to of 18016

Your last comment seemed somewhat contradictory to me Pat. I don't get how you simultaneously make them "sweat it out" and bail them out with tax dollars. The sweating comes first. The bailing later. Last week when Rubin said the U.S. wouldn't support the yen, I took that to mean Japan had to save itself. He's eased on his stance since then and with the call for action from the EU meeting, and with Japan asking for support, I see the possibility of assistance though I don't know it what form. If Japan collapses totally, and China devalues, I would think all markets would fall even further than they already have, at least for a time. Maybe not a world collapse, but definitely a "mother of a correction." I'd rather go up from here. Pat