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.

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

To: TokyoMex who wrote (6972)	10/22/1998 9:17:00 PM
From: Panita	Respond to of 119973

Tokyo Joe, I got a feeling that the market will take a little break tomorrow. As per your call on Wednesday. MSFT and IBM gave the market an extra leg these last two days but it looks like most bell weathers have reported for the week so a bit of retracement is likely. What do you think?

To: TokyoMex who wrote (6972)	10/22/1998 9:48:00 PM
From: Sheri	Respond to of 119973

The Nikkei didn't like this news: Thursday October 22, 9:14 pm Eastern Time Japan-Ltcb-Nationalisation TOKYO, Oct 23 (Reuters) - Long-Term Credit Bank of Japan Ltd (LTCB) said on Friday it had applied to be nationalised under a new bank rehabilitation scheme. LTCB told a cabinet counsellors' office the bank may face a situation in the future where it must halt repayment of deposits, an LTCB spokesman said. Prime Minister Keizo Obuchi will decide on whether to start the takeover and nationalise LTCB, the LTCB spokesman said. LTCB is expected to become the first bank to be nationalised in Japan since World War Two. The Nihon Keizai Shimbun newspaper reported on Friday that the government plans to maintain current large loans to Kawasaki Steel Corp and other major companies from LTCB in order to prevent turmoil once LTCB goes under state control and will also guarantee LTCB's deposits and debentures. The Tokyo Stock Exchange said it suspended trading in LTCB on Friday.