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Technology Stocks : Dell Technologies Inc.
DELL 127.22+3.8%3:59 PM EST

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To: D.J.Smyth who wrote (71042)10/9/1998 10:14:00 PM
From: Moominoid  Read Replies (1) of 176387
 
Yen above 150 would be very bad news for other Asian countries and would be expected to result in China devaluing. The pressure is now off China and reduced on the other countries. The Yen below 120 or wherever is good for them. It's also good in the short-run for Japanese consumers who now have more international buying power. However it is bad for Japanese exporters (therefore lower domestic demand), good for imports (more lower doemstic demand),is resulting to be lent doemstically when yields are already extremely low. So it is a big negative for reflating Japan out of the mini-depression it is in.

David
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