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Technology Stocks : DELL CLIMAX SITE

DELL 138.22

-1.6%

3:59 PM EST

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To: Jeff Gurian who wrote (149)	8/7/1997 4:04:00 PM
From: Keith Zhang	of 158

Agreed! Honestly speaking shorting is hell of scary, especially on Dell... It is so much harder than shorting those hyped conception stocks. I think you are wiser buying and hold. I have been testing technical timing this year and find out it did not improve much since the market basically trend up. I was expecting Dell to shoot up straight over $85 and to 90; that way it would be so overextended and the correction would be huge. But instead it just met the resistance and started taking breaks and consolidated. So I guess the correction, if occured, may not be as bad... regards, Keith

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