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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

Nov 25 3:59 PM EST

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To: Rosemary who wrote (26030)	12/22/1997 9:23:00 AM
From: Mohan Marette	Read Replies (1) of 176387

Got Problems? Blame Asia-the new whipping boy!!! Rosemary and thread: Here is an interesting way look at this Asia thing. From San Jose Mercury. ------------------------------------------------------------------- Some firms use Asia as an excuse when the problems run deeper Investors are playing one of their favorite games when it comes to high-tech stocks: Punish everyone. BLAME Asia. A convenient scapegoat makes every problem easier to understand, and Asia's woes have become the excuse du jour for companies whose earnings disappoint Wall Street. To be sure, companies -- high-tech and the other kind -- with big sales in Asia are being hurt by the turmoil there. Last week's victims included 3Com Corp. (Nasdaq, COMS), Nike Inc. (NYSE, NKE) and Minnesota Mining & Manufacturing Co. (NYSE, MMM).

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