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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%Nov 28 12:59 PM EST

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To: JRI who wrote (91876)1/27/1999 3:54:00 PM
From: Mohan Marette  Read Replies (1) of 176387
 
John: This allegation was first made by the U.S Assistant (or was it the Under Secretary) Secretary of Commerce a few months ago while he was in Philippines on a tour to the S.E.Asia,so this is nothing new,and the Chinese was duly pissed by his comments,I don't recall exactly what the Chinese said at the time but pissed they were nonetheless that much I remember.

Export subsidies have the same effect as devaluing the currency but then again everybody does it not just China and besides this is old news.The Art Cashin schmuck didn't reveal anything new that hasn't already been known for quite some time,probably he was trying look smart on TV and impress the unsuspecting audience if had any.

PS:Ask Lee about the the mechanics in case you want to know as I don't want to hurt my brain,too lazy I am I tell ya.
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