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

To: larry who wrote (65828)	9/17/1998 5:58:00 AM
From: Frank Ellis Morris	Read Replies (2) \| Respond to of 176387

Good Morning Larry, Allen Greenspan really pissed the overseas markets last night by not making any mention of interest rate cuts. The s+p futures are down sharply. I was suspicious of this guy right from the start and think he should have somebody write his speeches for him. he could not stand that the markets went up over the last few session and his objective yesterday was to torpedo the sessions. Yes we may see the markets plunge to new lows dragging everything including Dell with it. ''There is a bit of profit to be taken because a number of stocks have risen pretty strongly from low levels and the world is still fairly shaky,'' said Howard Gorges, director at South China Brokerage. Sentiment took a beating as Tokyo stocks closed at their lowest level in more than 12 years on Thursday with the Nikkei average falling more than two percent. Federal Reserve Chairman Alan Greenspan's testimony to Congress on Wednesday, saying there was no concerted effort among G7 nations to lower interest rates, also set nerves jangling, brokers said. Futures dragged the market lower, consistently trading at a large discount to the cash market. The September Hang Seng Index contract lost 345 point to 7,405 with open interest at 68,081 contracts and volume at 20,906 contracts. The October futures contract dropped 380 points to 7,200. Frank