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To: j g cordes who wrote (18329)	7/2/1998 10:25:00 AM
From: orkrious	Read Replies (1) \| Respond to of 25960

VLSI in full production at .25 micron. biz.yahoo.com

To: j g cordes who wrote (18329)	7/2/1998 11:19:00 AM
From: pat mudge	Read Replies (2) \| Respond to of 25960

Its for OUR good that by whatever technique, the currency systems come to parity and goods and services can flow both ways. Thanks for the excellent response. This is what it comes down to --- our good --- even if the aging Japanese have to take up roller-blading to do it. Are they being punished for buying up our real estate back in the 80s? If so, then the man/woman in the street probably wasn't responsible but shares in the corporate guilt --- and consequent economic purgatory. Our day will come. The question is, when? If the "multimedia era," as a recent Financial Times article put it, continues to grow and expand, the day of reckoning may be a decade or two away. About when you and I are ready to retire. I'm not ready to buy Kuggerand yet. "Make hay while the sun shines" is pretty deeply engrained. Time to rent "A Star is Born????" Have a great week-end. Pat

To: j g cordes who wrote (18329)	7/2/1998 2:02:00 PM
From: Elroy Jetson	Respond to of 25960

Ironically, the US trophy properties which the Japanese, Hong Kong, Korean, and Indonesian investors bought at the peak of the market in the late 1980s and early 1990s are now profitable. Los Angeles is experiencing a wholesale liquidation of these properties by Shuwa, Lippo Bank, and other investors. The prices being paid by the REITs and insurance companies approximate break-even or a slight profit. The decline of the Asian currencies provide a significant profit on the investment when repatriated. I assume similar activity is occurring elsewhere in the US.