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

To: Spytrdr who wrote (63830)	9/5/1998 1:27:00 PM
From: Jerry Miller	Respond to of 176387

" i live in Argentina and i can tell you everything's fine here, nobody is panicking nor rushing to the banks, and our economy is growing. this is not Russia, neither is Brazil." ..that's good to know. but perception, in this market, is reality.

To: Spytrdr who wrote (63830)	9/6/1998 3:55:00 PM
From: Mohan Marette	Respond to of 176387

LatAm Economy. Leonardo: "i live in Argentina and i can tell you everything's fine here, nobody is panicking nor rushing to the banks, and our economy is growing." This is really good to know but like someone noted perception is often times reality and the perception here in the U.S with respect to South America at the moment is one that borders on trepidation but if the reality is what you say it is then sooner or later investors here will come to their senses most likely once the facts are known. BTW do you know what the projected growth rate for various major economies in S.America for this year and next is,including Argentina?? I heard Brazil's foreign currency reserve is in reasonably good shape (actually excellent if you ask me) with 65 billion dollars in reserve but then they tell me in Aug there was an outflow of capital from the country worth some +12 billion dollars and another +2 billion left in the first week of Sept which is not a good sign but manageable if this is the end of the capital flight. Since you are in Argentina any information you can provide on these matters will be greatly appreciated.

To: Spytrdr who wrote (63830)	9/7/1998 8:32:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

DELL & LatAm economy- No contraction,growth seen, slow but growth nonetheless.. There was a report out today by a U.S brokerage house (Cowen & CO) on LatAm economy in general which confirms your statement the other day that Argentina is still growing etc etc....Since you are in Argentina I will try to summarize what they said starting with Argentina. Estimated GDP growth rate for 98 and 99. Argentina 1998-4.5% 1999-3.3% Brazil 1998-1.4% 1999-1.8% Chile 1998-4% 1999-3.5% Peru 1998-5.5% 1999-3% Colombia 1998-3% 1999-2.8% Venezuela 1998:(-)00.5% 1999:1% Mexico 1998-4.6% 1999-3.3% All have projected positive GDP growth rate with the exception of Venezuela which is projected to contract in 1998 by .5% and then back to positive growth in 1999. Assuming these projections will be close to reality by the time DELL should do O.K by the time DELL's Brazil plant come on line sometime next year or is it this year??? Anyway see if these estimates are close to what you heard from the local pundits and government sources etc.