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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (71042)	10/9/1998 1:43:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

I say phooooooey!<vbg> Darrell: I think the Dollar/Yen thing is a transient event based on speculation that Japan is going to fix the banking problems,now why do I get the feeling that I have heard that before for quite some time.Sure one day they will fix it but I don't know when may be next week or some time in the future and when they do I hear it will be quite painful on account of further contraction in GDP.I think the current valuation is based on pure 'hot air',of course I could be wrong. NO kidding Darrell like you said if the Yen goes to 150 that will be end of the world as we know it (according the pundits few months ago) and if it goes 110 that will also be the end of the world,what is a guy to do.<g>

To: D.J.Smyth who wrote (71042)	10/9/1998 3:49:00 PM
From: zurdo	Read Replies (1) \| Respond to of 176387

Darrell, if we pay any attention to these talking heads, they will mislead us for certain...As an example, the CNBC lead commentator was saying this morning.."Well, the Dow is up right now, but it will go down!!!" The way he said it obviously indicated that we was desperately hoping the Dow would react negatively to all the doom and gloom crap he was spewing out to the investing public, with the help of carefully selected "doom and gloom specialists". There is so much manipulation out there it gets nauseating!!

To: D.J.Smyth who wrote (71042)	10/9/1998 10:14:00 PM
From: Moominoid	Read Replies (1) \| Respond to of 176387

Yen above 150 would be very bad news for other Asian countries and would be expected to result in China devaluing. The pressure is now off China and reduced on the other countries. The Yen below 120 or wherever is good for them. It's also good in the short-run for Japanese consumers who now have more international buying power. However it is bad for Japanese exporters (therefore lower domestic demand), good for imports (more lower doemstic demand),is resulting to be lent doemstically when yields are already extremely low. So it is a big negative for reflating Japan out of the mini-depression it is in. David