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Technology Stocks : Dell Technologies Inc.

DELL 129.98

-6.2%

Dec 12 9:30 AM EST

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To: freeus who wrote (89064)	1/13/1999 3:46:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

Freeus, maybe the market is coming to its senses. The Brazilian problem is no laughing matter. Just look at it from the point of view of DELL. There is a plant in Brazil designed to sell to Brazil as well as the rest of Latin America. A devaluation of the Brazilian currency means higher component prices for Brazilian purchasers. That means that the price of the machine will rise, which means that demand will fall. If this brings down much of SA with it the problem just gets bigger. And I haven't talked about potential currency translation losses. CTC

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