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 : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (6159)	8/11/1998 9:53:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 93625

Gary, it appears to be the opposite. No recovery for Nikkei Banking sector leads Tokyo decline following big losses on Wall Street CNNfn Special Report: Markets in retreat August 11, 1998: 8:39 p.m. ET TOKYO (Reuters) - Tokyo stocks edged down in early morning trade on Wednesday following declines overnight in New York stocks and in futures on the Nikkei 225-share average traded in Chicago, brokers said. In early trade, the benchmark Nikkei average index stood at 15,348.85, down 58.14 points or 0.38 percent. The brokers said the decline continued to be led by shares in banks, which are losing ground amid concerns about their financial health. The brokers said participants are closely watching the currency market, where expectations for market intervention by monetary authorities in Japan and the United States to support the yen are growing. The yen plunged to 147.64 yen to the dollar on Tuesday, its lowest level in eight years. Australian shares also started weaker, as the All Ordinaries index dropped 17.2 points or 0.67 percent to 2543.9 in early trade.