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

To: gc who wrote (62224)	8/30/1998 6:55:00 PM
From: Caroline McDaniel	Respond to of 176387

Michael is doing just fine where his is, thank you very much!! Mike McDaniel

To: gc who wrote (62224)	8/30/1998 7:02:00 PM
From: Winston Chen	Read Replies (2) \| Respond to of 176387

I was at my folks house last friday, read into the developing story in Hong Kong HSI in his chinese newspaper. In my estimation, there is a historic battle going on between the speculators and the goverment. As most folks know, HK government intervened in HSI Aug 14 tried to defend 7000 level and its blue chippers. It also named names as who were the speculators. Morgan Stanley is named the no.1 enemy. Soros group was named. Translation is difficult for other companies. I believe there was Mathison from London, Bank of Lyon(sp). The whole story was written up like a Jackie Chan movie. Hong Kong has $97 billion in USD reserve. China has US$140 in reserve and $3 billion net income on monthly basis from trade surplus. Morgan Stanley was on the record saying history was full of examples of nations that tried and failed to defned their currencies. England, Thailand and Malaysia were used in examples. China announced its support for HK peg defence. oops I just lost the link. My feeling is that HK will defend its peg. If it fails... Dell's China factory is in Xiamen, Fujian Province, which is 50 miles from Taiwan separated by Taiwan Strait. Fujian is one of the 1st provinces that opened doors to "foreign joint ventures". It has a trained labor base and it's close enough to Taiwan to take away market shares away from Acer and NEC. My feeling is Xiamen is chosen for its labor base, and central location(not in China) to Taiwan, Japan and Singapore. In China, business is done by Guanxi(a relationship or relations)and brand. Dell is about relationships and brand. I predict huge success for Dell coming from a small basis within 5 years.