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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?


To: Edward F. Horst Jr. who wrote (2243)8/30/1998 7:36:00 PM
From: Sea Otter  Read Replies (1) | Respond to of 3194
 
I'm one of the Chicken Littles.

I was in Tokyo a few weeks ago and saw first-hand what
was happening. They are not doing "fine". Their
government is broken and a financial tsunami is
coming. This is not an American opinion. All the
educated Japanese I spoke to recognize this as a fact.

There are *homeless* people in Tokyo! Companies are
going under! If you know anything about Japanese
business and society, you'll understand how incredible
this is. The situation is truly dangerous.

As a result, several weeks ago I sold almost all my
stocks (including ODI, sorry to say). Now 95% cash
and bonds. I've always been a bull, but now I
think the world is going to come crashing in on us.

Time will tell who is right. I've certainly placed
my bets.

Sea Otter