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Technology Stocks : Dell Technologies Inc.

DELL 131.16

-5.4%

3:01 PM EST

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To: Jock Hutchinson who wrote (143675)	10/3/1999 6:43:00 PM
From: Bridge Player	Read Replies (1) of 176387

<< Econ 101 states that in the absence of increased demand, an increase in price will decrease demand. It has always been that way, and will always be that way. >> Jock, IMO your explanation is a little overly simplistic. What you say may be true of products or services where demand is relatively elastic, but does not necessarily apply where demand is inelastic. For examples, I give you light bulbs, flour, and grass seed. And, in fact, in the case of investments, I would suggest to you that higher stock prices also actually play their role in creating higher demand than previously. Examples are all around. BP

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