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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: stock bull who wrote (66380)9/21/1998 9:25:00 AM
From: Jorge  Read Replies (1) of 176387
 
StockBull...I think Clinton is a factor, only for today....Tomorrow we will be looking at the Japanese Prime Minister Obuchi visiting President Clinton here in the U.S.....HOWEVER, Nikkei off BECAUSE there is NO PLAN YET...It has not been worked out entirely within the ranks of the Opposition Party and Ruling Govt....World Markets are quite aware of this, hence, down today (also because of Clinton)....

Because Japan is the 2nd largest economy in the world some kind of economic reform is NEEDED, not just discussed and argued....Nikkei was at 40,000 and interest rates were at 5.73% 9 years ago...Lowered interest rates are not the answer..The interest rate is currently about 1%......A lot of economists think Japan should let the sick banks fail, rather than try to throw good money after bad...so, who knows......I think there is still a lot of things to be worked out, even agreed to, before we will see economic reform in Japan.

Regards, George
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