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

To: Chuzzlewit who wrote (47852)	6/16/1998 7:31:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

RE: Jim, your missing the point He said....She Said.... I don't care. They had to much money chasing too few things and had a capacity boom, a relestate boom and a market boom. Now the bottom has fallen out and they have over capacity, relestate values have been cut in half, and no one to buy shares of their stock hence the 50-70% declines in the markets in the region. When currency traders look at all of this, It is an easy trade, Sell the currency. The currency colapses. Now all of the assets are gone, and the debts are still there. No one has any money to pay the debts so the banks are in trouble. So what is the one thing the companies need to do ? 1) Raise prices localy and abroad to stimulate sales of their goods ? 2) Stop producing everything and wait for better times ? 3) Sell every thing you can make at what ever price you can get ? 4) __________________________________(fill in the blank) Answer: 3 To much capital, too few things to do with it. Nothing changes but the date and the weather. It has happened before and it will happen again. Governments or the IMF won't be able to controll it. Grin and bear it, That is about all we can do at this point. And No this is not off topic. What happens in this region of the world will effect the US and Europe and PC demand and there for DELL computer. Jim BTW, we have the same over capacity here in the US, but no one cares yet. PS Aren't y'all gald to see my spelling again :)