Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 111.89

+0.7%

1:40 PM EST

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To: Jon Huang who wrote (148)	7/11/1997 2:20:00 PM
From: Joe Lamantia	of 1124

It's good to see a classical short squeeze once in awhile. Sometimes I wonder if there is any sense in the markets and then the old days return. I am down 25(+ or -) on my short but since to short and to use margin is like Russian roulette with five bullets I'm in a position of watching the action enfold. DELL is a nice stock at 15x earnings and a prime short canidate at 30x plus. As Jackie Gleason once said - 'Pow! Boom! Right to the moon!'. What goes up must come down and DELL is skydiving with only one chute. I honestly enjoy trading with a market like this. Regards, Joe

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