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Technology Stocks : Dell Technologies Inc.
DELL 132.72-4.2%12:02 PM EST

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To: jim kelley who wrote (89078)1/13/1999 4:26:00 PM
From: Chuzzlewit  Read Replies (4) of 176387
 
Jim, that's pretty much what I resolved to do. The problem is that US banking interests are much larger in SA than they were in Russia or Asia for that matter. A second issue is that I believe the problem is being caused by low commodity prices, particularly oil. How do you fix that? They will respond by pumping more oil which makes the price drop even further.

In any event I will be watching closely. I expect that there will be a more violent reaction in the Asian markets than we have seen in the US, and that may bring prices down some more for the rest of the week.

TTFN,
CTC
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