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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: jim kelley who wrote (36261)	4/1/1998 9:00:00 PM
From: Geoff Nunn	Read Replies (1) of 176387

Jim, if Japanese invest their money abroad, a devaluation of the yen is not something they would hedge against. If the yen depreciates, these investors will enjoy a windfall gain. When they go to repatriate their funds they will receive more yen for their dollars than they spent to acquire dollars when they invested. A depreciation of your home currency is the last thing you worry about when you hold investments in another currency.

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