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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: Mohan Marette who wrote (25651)12/18/1997 7:43:00 PM
From: Boplicity  Read Replies (2) of 176387
 
Financial market economists said the victory of Kim Dae-jung in the South Korean presidential election was taken by traders as a sign that Asia's financial troubles may deepen.

Kim is the first opposition leader to win the office and is closely tied to organized labor, which has protested what it views as harsh terms to an International Monetary Fund bailout of South Korea's economy.

''Stocks took a dive when the results came in,'' said Edward Yardeni, chief economist at Deutsche Morgan Grenfell in New York.

Yardeni said Kim's election signaled ''a greater risk of more resistance at the very top levels of the Korean government to the IMF plan.''

Greg--->All this BAAAAD news I am sick of it. I vote for rally Friday early.
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