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


To: Mohan Marette who wrote (55762)8/3/1998 10:42:00 AM
From: D.J.Smyth  Read Replies (3) | Respond to of 176387
 
a problem with the market is the yen. china has threatened to devalue their yuan if the US and Japan allow the yen to go to 150 to the $1. it's at 145 now. if china devalues...the tailspin continues for a while anyway

some have suggested its only a vailed threat, but the problem remains that if the traders are successful in taking the yen to 150 and US and Japan decide to play the game of chicken with China; the conclusions are obvious. in the short term it's not good news for Dell's stock price. but Dell will do well regardless