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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (2529)	8/27/1998 8:17:00 PM
From: Sheri	Read Replies (1) \| Respond to of 119973

Rut ro (markets). Not pretty. Played DELL this week 3 days for +9.75. Now not sure what to hold if anything!

To: NASDBULL who wrote (2529)	8/27/1998 8:21:00 PM
From: DebtBomb	Read Replies (1) \| Respond to of 119973

Nikkei, how low will she go? How about the rest of the world's markets tonight? I expect we will open down bigtime tomorrow morning. The question is: where is the US bottom, and when to pick up cheap internets? Friday's are always lousy days here anyway, and what if China devalues Sunday night? I'll probably watch until Monday's open. Just going short here.

To: NASDBULL who wrote (2529)	8/27/1998 8:28:00 PM
From: CoffeePot	Respond to of 119973

Tomorrow should be very interesting.......I'll be watching BT they have the highest exposure in Russia of all U.S. banks, as it is now the yield on BT stock is up to 4.34%!!!! the lower it goes the better....for buyers that is:) A spokesman for Citicorp (CCI - news), second-largest U.S. bank based on assets, said in response to a query that cross-border Russian exposure at the end of June was $420 million. ''It has not changed significantly since then,'' the spokesman said. Asked if the Russia crisis would impact third-quarter earnings, the spokesman said Citicorp has a policy of not commenting on possible losses between quarterly reporting periods unless there is something significant to announce. ''We have no such announcement planned,'' he said. The $420 million in Russian exposure for Citicorp compares to a balance sheet with $330.75 billion in assets. Spokespersons for Chase Manhattan Corp. (CMB - news), J.P. Morgan & Co. Inc., Bankers Trust Corp. (BT - news) all declined to comment Thursday when asked if their third-quarter earnings would be impacted by the crisis unfolding in Russia. Chase is the largest U.S. bank with $367.00 billion in assets while J.P. Morgan and Bankers Trust are ranked fourth and seventh respectively. A spokesman for Chase Manhattan said Russian exposure totals $500 million including $100 million in rouble-denominated deposits with Russian banks, $200 million in exposure through such activity as letters of credit and trade finance, and $200 million in a trading account. The spokesman declined to elaborate on the effects of the rouble's sharp fall and the restructuring of Russian short term debt on the trading account. Bankers Trust said in a regulatory filing earlier this year that its Russian exposure as of Dec. 31 was $1.1 billion. A spokesman Thursday declined to comment on whether the figure has changed since then or on the effects of the Russian debt restructuring.