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

To: JRI who wrote (123158)	5/7/1999 2:06:00 PM
From: Lee	Respond to of 176388

Hi John,..Re:.wouldn't it stand to reason that this will lead to slower business for some (many?) companies in the U.S. in 4Q '98? Less purchasing of equipment, software.. Michael Dell said in the CEO interview on CNBC that he expects a healthy second half because of small business catch-up on Y2K issues. Which by the way he said that segment of business was doing very well thank you! He also expects some government business doing the same. AG said yesterday he doesn't see much of an impact going forward for Y2K issues because larger businesses and corporations have already taken care of it. He said if asked this last year that would not have been his answer, but current evidence shows we have a handle on it. The economic numbers are strong and showing a healthy economy without any strong inflationary pressures so that leads me to believe that we will see higher stock prices on the back of better earnings going forward. Since the short end of the bond market hasn't moved nearly as much as the long end, that also hints that we're too not worried about inflationary pressures and accompanying increased long rates for the rest of the year. The dollar is strong which will also tend to keep foreign buyers in the market so this long bond selling may be just a short term aberration. In other words, we may keep experiencing the best of all worlds, low inflation and a healthy and growing economy.<g> But then again, I'm always an optimist and WTHDIK!<g> Lee