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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (4597)	11/8/1997 12:00:00 PM
From: Dale J.	Respond to of 9124

<<South Korea Seoul Composite KS11 10:12PM 495.70 -19.93 -3.87% Taiwan TWII 10:03PM 7670.76 -189.33 -2.41%)>> Dwight, thanks for the info. I hope this worldwide market selloff doesn't continue to escalate. All things considered, the U.S. Market selloff really hasn't been too serious. qntm, however, has absorbed more than its share of the recent market downturn. (JMO) Below is an relevent excerpt from a cnn interview with IBM CEO Lou Gerstner. NEW YORK (CNNfn) - Gerstner spoke with Lou Dobbs, CNNfn anchor, on "Moneyline" about IBM's role in the global market. A transcript follows: . snip . DOBBS: Drawing on that experience, give us your forecast for what the economy looks like, and how concerned people should be about these markets. GERSTNER: Well, one of the problems with getting old is that you get to see things over again. Hopefully, you learn something from that. But I would tell you that I think we've seen this movie before. We've seen Hong Kong go through periods of market disturbance, and we've seen Latin America go through periods of financial turbulence. I don't see anything through the eyes of our IBM colleagues across the world in those markets. This leads me to believe that there are fundamental problems. We see strong growth and good macroeconomic policies in most of these countries, and I am hoping that this is one of those adjustments that financial markets go through on a regular basis (except that it's irregular, so you never know when it's going to happen). I'm hoping that it's not a real problem. If I were a personal investor, I would do what I think the large companies are doing, and that would be to stay the course. ... snip .