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Technology Stocks : Dell Technologies Inc.

DELL 121.74

-9.0%

2:18 PM EST

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To: JRI who wrote (39571)	4/29/1998 7:50:00 PM
From: Mohan Marette	Read Replies (1) of 176387

The obscure economist and the collapse of the world economy. John: I don't know whether you and the thread remember or heard of an obscure economist from [SMU-Dalls] who became infamous back in the early part of 1990s with his 'prediction' of the impending collapse of the world economies particularly that of the U.S. He was all over the TV talk-show circuits promoting his book and preaching to everyone to sell everything,ie.all assets including their houses,stocks etc etc as the world economies are about to collapse,the U.S in particular. In case you don't know I am talking about Dr.Ravi Batra,Professor of Economics,Dedman School of Business,Southern Methodist University,Dalls. In case you are interested to know more about this guy here is a couple of links. adtrading.com indirect.com smu.edu Anyway the point I am trying to make is this,some of these bears including 'the man with no name' seem to be fostering some Dr.Batra's ideas and you know how accurate the good doctor's predictions were. If anybody were to listen to Dr.Batra at the time and sold all their assets including their assets including their stocks and houses [I think he even said to convert everything to gold as cash would become useless] they would have been a lot poorer now than they were then and that is all I am trying to say here.

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