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To: Ilaine who wrote (24801)10/5/2000 11:04:52 AM
From: IceShark  Read Replies (1) | Respond to of 436258
 
Doesn't seem to be whacking dhell too hard, though.



To: Ilaine who wrote (24801)10/5/2000 11:20:51 AM
From: LLCF  Respond to of 436258
 
<Dell's problems are exhibit A of why the U.S. was willing to join its Group of
Seven peers in intervening to support the euro last month, analysts said, and
why it is likely to do so again if the single currency slumps anew. ``The
intervention is very directly connected to issues like Dell,'' said Paul Horne,
economist at Schroder Salomon Smith Barney in London.>

This is indeed weird... I mean there you have it.. an earnings warning by Dell has set off the government policy wonks... call Albreicht back for talks with exporters??? LOL

DAK



To: Ilaine who wrote (24801)10/5/2000 11:30:33 AM
From: pater tenebrarum  Respond to of 436258
 
the problem is, once the dollar really begins to fall, it could turn into an avalanche of liquidation by foreigners...the accumulated imbalances are just too great...this is a no-win situation, no matter what happens. and rest assured, the currencies won't just stand still...


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