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To: Frank Ellis Morris who wrote (115454)4/9/1999 9:12:00 AM
From: Dorine Essey  Read Replies (1) | Respond to of 176387
 
Good morning Frank,

Bid this am @ $45 1/8 . Hope we are on a UP day.

Dorine



To: Frank Ellis Morris who wrote (115454)4/9/1999 10:05:00 AM
From: Jean M. Gauthier  Read Replies (1) | Respond to of 176387
 
while I agree with you on most of what you said..

the worst is NOT over for Japan....

massive debt
massive overcapacity
no ROE
no ROI
too much staff
ineffective government, ruled by bureaucrats...
more money getting pumped in "dubious spending programs"...

See this month's forbes for an idea....

don't count on Japan for another 3-5 year IMO

take care
Jean