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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Paul Fiondella who wrote (22822)	6/21/1998 10:10:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 42771

(Off Topic) On Sunday, a Japanese daily reported that the ailing Long-Term Credit Bank of Japan Ltd (8303.T) (LTCB) is discussing a possible merger with Dai-Ichi Kangyo Bank its largest shareholder. LTCB declined comment on the Asahi Shimbun report on Sunday, but LTCB sources said on Saturday it was considering a merger, involving government fund support, as one way out of its financial difficulties from bad loan burdens. LTCB, which has been hit hard by speculation over its financial strength, was pounded in the wake of an announcement on Thursday by Moody's Investors Service that it had lowered LTCB's subordinated debt rating to B1 from Ba1. Perhaps they are just in denial....http://www.foxmarketwire.com/wires/0621/f_ap_0621_7.sml ===================================================================== Maybe this is their solution to our RTC. I am surprised that Moody's is warning...where were they during our Orange County debacle? Has Standard & Poors lowered their rating too? EKS