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.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (6330)	9/10/1998 2:10:00 PM
From: Bosco	Respond to of 9980

Dear Ron - maybe my information is outdated, but it is precisely one of the problems with Japan. Since the stock bubble bursted in the late 80s, individual investors have pulled their savings from the equity markets and kept them in the banks, despite the abysmal return. Allegedly, the general public has been too afraid to invest or to spend its savings. This is truly dead money! best, Bosco

To: Ron Bower who wrote (6330)	9/10/1998 2:11:00 PM
From: Paul Berliner	Read Replies (2) \| Respond to of 9980

Bosco, Ron, thanks for the article of Tel Arg. Though I hadn't seen a Co. of that magnitude with a yen loan agreement - I was mainly referring to small cap and mid cap companies. Lending to Tel Arg. isn't that risky, but lending to weak U.S. computer component makers whose stocks are trading at under $3 is another thing - called a big mess, in my opinion. Ron, I guess the money is coming from the mountain of Japanese savings deposits. And there are many banks, not only in Japan but in Asia whose non-performing loans as a % of net assets are in violation of JPN & BIS written standards. Bellweather Bank-Tokyo is one, but the books on all of these banks havn't been kept according to Intl. accounting standards, plus the % of bad/doubtful loans has been fudged over so many times that they've been revised more times than I can count. The IFA is auditing the books of 9 big JPN banks as we speak, and should be done any day......