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Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%Nov 18 3:59 PM EST
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To: Jerry G. who wrote (25094)12/14/1997 4:35:00 PM
From: McNabb Brothers  Read Replies (1) of 176387
 
Jerry,

I agree with you 100%, but I try to tread lightly at times on this and other threads that I'm short on! Longs tend to get very offensive when you start talking about shorting the stocks they are long in!

I like to ask myself, what would happen to the stock market if the 9th biggest company came out and said that they were going to devalue there stock price, that they had much more debt than they had been reporting, that they were going to have to borrow a hugh amount of money to stay open and a few days later game back and said that they may need even more! That they had to stay open for they had people to feed and provide for, that they were going to sell their goods at much lower prices to be able to compete! That the assets they had were way over valued including real estate, factories, machines and other equipment, and on and on and on with bad news! I think the stock market would be in trouble and that is exactly what has happened to the 9th largest economy in the world with South Korea, and if the rest of the countries are like stocks it should have a major impact on the other countries of the world! And it will eventually spill over into other stock markets as it has and will continue to do so far the forseeable future! It takes alot longer to turn a major crisis as Asian has, around than most people would like to think!

Hank
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