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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (12271)	7/12/1998 8:46:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Tim - the answer is : the spread between spot and Sept futures is quite wide now. Take a look at this (from the Chicago Merc) cme.com These are the settlement prices for J-Yen futures (on Friday, 7/10/98, for the so-called regular trading hours (or RTH) session). You will see that 3 months is worth about 100 ticks on the J-Yen right now. So, the Sept futures were at a rate of 142.80 or so, simultaneous with your reading the newswire report of the (cash) J-Yen being around 144.20. Jon.