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Technology Stocks : Dell Technologies Inc.

DELL 117.44

-1.6%

3:59 PM EST

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To: D. Swiss who wrote (89464)	1/15/1999 2:18:00 PM
From: jhg_in_kc	Read Replies (1) of 176387

after digesting the NY Times and WSJ on Brazil last night, i am concluding this is not as serious as the Russian default or Asia. Many bankers had already gotten out of the Brazil markets, I read, plus the IMF had already put some funds to work to ease the crisis in Novemeber. the key is not as much N.Y. bank exposure to this crisis, whereas Russia caught them flat footed. I believe this crisis is nowhere near as serious and we will not see a "risk averse" credit market "seize up" this time. jhg

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