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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: Mohan Marette who wrote (87443)	12/31/1998 10:31:00 AM
From: Lee	Read Replies (1) of 176387

Hi Mo,..Re:. <Japan> Economy shows glimpses of LIFE. Thanks for the good news on the Japanese economy. A lot of positive signs! The most worrisome part is the yen/$ relationship; however, once Japan floats that huge JGB offering in the next several weeks, the yen should fall back to more reasonable levels vs. dollar. I found the following stats very interesting. At Sony, sales and operating profit drop 5 billion yen when the dollar falls 1 yen, said Tamotsu Iba, executive deputy president and chief financial officer. At Toyota, a 1- yen drop in the dollar costs the automaker 10 billion yen in operating profit. Dollar down against the yen today but I don't think we can look seriously at end of year trading as it is VERY thin. Happy New Year Mo and all Dellheads, Lee

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