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

To: stock bull who wrote (89257)	1/14/1999 3:03:00 PM
From: JRI	Read Replies (3) \| Respond to of 176387

CNBC quoted as saying exports to Latin America make up 20% of U.S. total...

To: stock bull who wrote (89257)	1/14/1999 3:04:00 PM
From: Dalin	Read Replies (1) \| Respond to of 176387

Will we see a come back rally today, ...or is it that long slow death?? Hmmm.....no matter, will buy some more Dell, although my cash reserves are getting low. Good Luck!! D.

To: stock bull who wrote (89257)	1/14/1999 3:05:00 PM
From: JRI	Read Replies (1) \| Respond to of 176387

China ain't going to devalue, don't worry about that...<eom>

To: stock bull who wrote (89257)	1/14/1999 3:34:00 PM
From: Chuzzlewit	Read Replies (4) \| Respond to of 176387

Stock Bull, Latin America constitutes the market for 20% of America's exports, so this is a serious situation, and one that should not be underestimated. The primary fear is that Brazil will drag a lot of Latin American economies down with it. That would have dire consequences for the US banking industry which has large SA commitments. So I see vigorous action on the part of the IMF and the Fed to try to contain this problem. I'm not sure that I understand the reasoning behind Brazilian devaluation and a devaluation in China. That seems a bit far-fetched. I think the markets are reacting (finally!) in a much more rational way to the problems in Brazil. My guess is that this leg of the bull market is over while many economic analysts adopt a wait and see attitude surrounding the potential spill-over to the rest of Latin America. Once we see containment of the possible negative ramifications of the Brazilian devaluation I believe that the stock market will once again begin to sizzle. On the positive side, I think that there is growing evidence of at least the beginnings of an economic rebound in Asia, with Korea leading the way. If this rebound picks up some steam soon it can result in higher commodity prices, particularly oil, which I believe is necessary to pull a lot of SA and eastern European economies out of their current slumps. At this point I am cautious, and cautiously optimistic about overall improvement of world-wide economies. Again, I think that there are two keys: containing the problems in Brazil and rebounding economic activity in Asia leading to an increase in the price of oil. TTFN, CTC

To: stock bull who wrote (89257)	1/14/1999 6:44:00 PM
From: GRANOLA	Read Replies (1) \| Respond to of 176387

Hey Stock Bull, Like others have said in response to your questions, don't panic! This will not become a full blown correction like last summer IMHO. There is too much money, economic conditions here a tops, Brazil needed to crash a bit to get with the program (much like Japan last year), Asia is slowly improving, and besides we are talking TWO % of exports, not 20%...everyone wants equities because that is where the returns are. Notice this too: in all the selling over the past couple of days there was not a big crash in internuts...they are still WAY up from beginning of the year levels and especially from last summer...and the selling in the overall mkt was quite orderly...options expiration, IMO, is one of the reasons the mkt didn't bounce back (and won't 'til next week)...which is one of the reasons I am planning to buy more Dell tomorrow (for just under $75 when it briefly touches there before closing around 77 1/2). That's my crystal ball, which is not always as accurate as I would like it to be! But I am sure that you shouldn't panic if you hold stocks like Dell, Intel, WorldCom, Cisco, Lucent, etc...On the other hand, if anything irrational starts happening next week around Brazil...look out internuts...that will sting. If that happens, however, Greenspan will step in and lower rates again because the mkt will have provided a reason to do so. JMHO as always, sorry I haven't been in touch...have been too busy with the kids, holidays, etc...you know, the rest of life! Take care, GR