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

To: Sig who wrote (55893)	8/4/1998 9:06:00 AM
From: Tweaker	Respond to of 176387

FOOLISH OBSERVATION: boards.fool.com

To: Sig who wrote (55893)	8/4/1998 9:12:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

Wall Street poised for relief rally after Yen firms Good Morning Sig: Dell trading around $111 and change in early hours trading and things looks pretty good if you ask me,then again one never knows. Wall St poised for relief rally after yen firms By Marjorie Olster NEW YORK, Aug 4 (Reuters) - Wall Street stocks were poised for a relief rally Tuesday morning after the yen firmed against the dollar overnight. Japan's beleaguered new government went on the offensive Tuesday to shore up the sagging yen, warning currency markets to beware of central bank intervention. Finance Minister Kiichi Miyazawa said a weak yen was not in the best interests of either Japan or the world. He clarified remarks last week, saying, ''It was not my intention to say that interventions are unnecessary.'' Miyazawa spoke with U.S. Treasury Secretary Robert Rubin on the phone and agreed to meet soon. The yen, which had slipped to around 146 to the dollar overnight, rebounded to 144.80 in early New York trading. ''The yen recovered against the dollar on comments the finance minister was misinterpreted (last week),'' said Peter Cardillo, director of research at Westfalia Investments. ''Also, there seems to be communication between Miyazawa and Rubin. ''The markets are reading between the lines and we are getting to levels where the yen might get out of hand and there might be some intervention.'' Cardillo expects the currency market to test the intervention will of the U.S. and Japanese governments over the next few days... biz.yahoo.com