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Strategies & Market Trends : DELL COMPUTER--INCREDIBLY OVERVALUED STOCK
DELL 162.41-0.7%2:25 PM EDT

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To: Kristin mikel seeds who wrote (92)3/26/1998 7:34:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 96
 
Kristin, It will change, and when it does, noone will know what hit them. Adobe came in with terrible earnings tonight. Right now valuations mean nothing. But at any given moment, the selling can start, and it will not stop until companies like Dell shed 15%+. Did you see some of the program selling this week. I watched the ticker and 100 points was shed in less than 5 minutes. I am always in puts of differant companies. I am long also, but my puts, when the correction comes, will be my big winners. Hang in there! STeve D.
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