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

To: Katherine Derbyshire who wrote (6080)	6/29/1998 9:32:00 AM
From: Ramsey Su	Read Replies (2) \| Respond to of 10921

Katherine, the LTCB numbers are obviously all suspect. As of end of Mar, they supposedly have a unrealized securities loss of 240B yen. That alone make the 26 trillion yen asset a blue sky number. How much more "unrealized" stuff are in the books? The 30 trillion yen may or may not come through but they do have the resources to make such a move so we cannot rule that out. Based on my limited knowledge of the Tankan report, it appears that corporate Japan is conceding the Mar to June period. June to Sept looks more upbeat per current projections. If true, then are we at the "bottom" now? Counting on recovery later this calendar yr, should we all be rushing out to buy our favorite semi eq stock? Ramsey