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

To: Chuzzlewit who wrote (47831)	6/16/1998 12:35:00 PM
From: jim kelley	Read Replies (1) \| Respond to of 176387

CTC, You seem to be saying that these countries were actually losing money on the goods and services they are exporting but making their profits on the currency arbitrage. I am aware of dumping of goods into the foreign markets but I did not think that this was the primary source of their profits. Can you give an example for some country that would illustrate this mechanism in action? Sounds interesting! Regards, Jim Kelley

To: Chuzzlewit who wrote (47831)	6/16/1998 1:25:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

Thanks to all of the Congradulations from every one ! Now Chezzlewit, Look at it from the perspective of the guy / guys running one comapny. They need revenue in hard currency. That means exporting goods. Well with many areas slowing down, and the current deflationary environment, They do not have any pricing power. They will do anything to sell the goods just so they can get the currency. The great part about being South Korea, is the IMF is going to fund you debt needs. No one in these, especialy Japan, want to face up to their problems. They are not going to take the decisive action you want them to. In 9 years they have done nothing right, what makes you think they will start doing the right thing now? All of this will come back to the US in the form of lower demand for export goods, which in turn leads to ...this and that ...and some more .... and finaly... a bear market, DELL will be no exception. Jim