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

To: jhg_in_kc who wrote (72059)	10/14/1998 5:11:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

jhg, first don't panic. Part of the drop in the dollar is due to repatriation of funds to Japan as a result of the Fed's actions and apparent Japanese government movement shoring up the Japanese banking system. In the long run this could be quite bullish for the markets because it may be signaling the end of the Asian crisis. Before anyone wants to take issue with this, I stress the word may. Or to paraphrase Winston Churchill, this may be the end of the beginning -- or is it the beginning of the end? Maybe it's the middle of the beginning. Second, the rise in component costs in local currencies is undoubtedly due to demand outstripping supply. Being ever the optimist, I view this as an increase in demand rather than a decrease in supply, although the latter is undoubtedly a factor also. I noticed that Seagate put its Scottish plant up for sale, and we have seen facilities closing in Malaysia. But the fact that some analysts have upped their estimates for computers (including Michael Dell) leads me to believe that demand may be somewhat greater than was previously anticipated. I certainly wouldn't go so far as to say Dell is in danger. I just think it would be prudent to watch economic conditions closely. TTFN, CTC