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

To: Jim Patterson who wrote (47686)	6/15/1998 3:59:00 PM
From: MichaelW	Read Replies (1) \| Respond to of 176387

Asia's been in trouble since Oct., what's different now? Fear of a problem that hasn't surfaced yet.

To: Jim Patterson who wrote (47686)	6/15/1998 4:24:00 PM
From: D.J.Smyth	Respond to of 176387

<<Well now it may be only about 20%.>> federal reserve reports that asia amounts to 8% of U.S. economy. If Asia drops off by 1/2 this amount, we're looking at a 4% decline, some of which Europe will make up. the world has forgotten about the lost continent, Africa whose economies all along with atlantic seaboard are doing well. kenya's gdp is also up about 15% along with other interior states. Africa has the potential of replacing Asia as a U.S. net importer.

To: Jim Patterson who wrote (47686)	6/15/1998 4:40:00 PM
From: D.J.Smyth	Read Replies (2) \| Respond to of 176387

re Asia: Cohen with Goldman Sachs on Asian crisis affects on U.S. (not significant, according to her): biz.yahoo.com

To: Jim Patterson who wrote (47686)	6/15/1998 6:10:00 PM
From: JRI	Read Replies (1) \| Respond to of 176387

JP: I see that you are up to your old dirty tricks again... (Welcome back :) , btw) <<Asia is 1/3 of the global economey. Well now it may be only about 20%. that means a 13% contraction in the world economy>> Everything I have read and heard puts Asia's overall impact on the U.S. economy as closer to 10%....When you get company specific, which one MUST DO when talking about how this crisis affects (long-term) stock prices, based on Q1 Data, Asia probably helped Dell (rise in gross margins-lower component costs) than hurt it (slowdown in region sales)...but even if the "crises" had a negative bottom-line effect, it was minimal at best. <<Now lets see you grow a company in a world recession.>> By your ludicrous definition of world recession, Dell did exactly that (big time) in 1st Quarter...... How did we get from several Asia countries (not including, of course, two of the fastest growing PC markets in Asia, India and China, which are not in a recession), to that the WORLD IS IN RECESSION. You are stating that the WORLD is in recession, because ASIA is in recession? Sorry, but this qualifies as the stupidest comment I can remember you ever making..The U.S. and Europe are NOT IN RECESSION, (growth in the U.S. is quite good/strong...and Europe is doing better than in a long time) ....How you can so cavalierly throw out the term WORLD RECESSION is beyond me...... C'mon JP, you can do better than that... P.S. Sorry if others have already flamed you on this already..Geoff Nunn could get you good...I haven't all the posts yet...