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Technology Stocks : Dell Technologies Inc.
DELL 112.69-4.9%1:07 PM EST

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To: Mohan Marette who wrote (35242)3/23/1998 8:41:00 AM
From: Lee  Read Replies (1) of 176388
 
Morning Mohan,...Re:<<besides these guys (OPEC) never keeps their
promises.>>

Mohan, you hit the nail on the head. You are right that in the past these agreements were always broken. But further out, when Japan gets it's act together, and the situation in SE Asia stabilizes, demand will return and that will eventually push crude prices higher. In the short term though, looks like it scared the bond market. Interest rate opened up to 5.913% (from 5.88%). Not much but might cause some pressure on stocks but the S&P is off it's lows of earlier this morning.
Regards,

Lee
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