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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (5467)	2/7/1999 7:30:00 PM
From: tom pope	Respond to of 9256

Stitch, as I'm sure you understand, my WDC buy was NOT based on any faith in the company. If I can get 1/2 point out of it I'll be happy. If I can get more than 1 point I'll be ecstatic. >>The hottest reports discuss a repatriation of investments by Japanese concerns, especially banks who need to shore up assets/loan ratios etc. << Seriously, haven't we been talking about pressures on Japanese banks to shore up their capital ratios for a long time? We've been hostage to Japanese purchases of Treasury securities for how long now? Ten years? I am not saying that repatriation of Japanese investments in this country is not a threat. But I just don't see it being actualized yet in any material way yet. Yet. I'm sure Gus would have strong views on this question, if he would parachute back in.