DELL CLIMAX SITE Message Board

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Technology Stocks : DELL CLIMAX SITE

DELL 132.08

-0.8%

3:59 PM EST

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To: JAMES BORECKI who wrote (1)	7/23/1997 12:36:00 PM
From: Rio Jangada	of 158

I believe that "psychology" has taken hold of this stock, driving it up in what I described as a "mania" and this is why I believe that a high will occur very soon. Such highs occur all the time for most stocks, although for DELL it has been rare. The last DELL high that lasted at least 6 months occurred in or around Febuary of 1993 and appears to have held until at least until late 1994. Also, consider IBM, once a technology 'darling'. It only recently made a new high after many years in which the stock price stumbled. By knowing the peak one can profit by selling, selling short, or through put options. Best wishes RJ

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