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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Rosemary who wrote (22527)	11/22/1997 10:02:00 PM
From: CRICKET	Read Replies (2) \| Respond to of 176387

Rosemary, I personally wish to thank you for the link to Yahoo's Finance page regarding Yamaichi. This is unfortunate news, and with very far reaching consequences for us all. Get ready for another great drop in the markets. After all, what have we learned from October 27, 1997's tumble? A global financial crisis? Sorry to be so realistic. Cricket

To: Rosemary who wrote (22527)	11/23/1997 1:07:00 PM
From: LightPen	Read Replies (1) \| Respond to of 176387

<<It's not good. Closing their doors was not exactly expected>> That may be. But I am still confused about the DOW recovering so quickly after the sell off on Friday afternoon. I have learnt to always expect the unexpected. To me it appears that Wall St wants to go to DOW 8000 and 6% on the bond now. It is either ignoring the Japanese Setting Sun or admiring the view. With Japan closed on Monday, it is likely that London will take the first hit, the DOW will open lower and I would not be suprised to see it recover yet again as the good old US rejoices in the fact the US economy is in great shape, it's just the rest of the world that isn't. The fact is that this is the world's biggest corporate collapse. It has rapidly followed Sanyo Securities and Hokkaido Takushoku and no doubt will not be the last. This together with Japan's ailing economy, the economic crisis in Korea and the gradual devaluation of the yen will effect corporate America (cheaper imports, higher interest rates, deepening trade deficit and deflation instead of inflation). Wall St may shrug all of this off and choose to ignore it for now, but may one-day wake up and discover that the Japanese setting sun was really a ball of flame signalling an economic meltdown. I just hope DELL got paid for any PC's it may have sold to these Japanese banks! Enjoy the rest of the weekend, Monday should be fun (I am short YAHOO and long on DELL) Regards LightPen