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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: edamo who wrote (134476)6/24/1999 8:04:00 PM
From: t2  Read Replies (1) of 176387
 
Dell was a great stock to trade today. The positive news really helped put a floor to the price. After i finished trading, took a large position in Dell. Does Dell also have a tendency to gap up first thing in the morning? The monitoring of its recent moves tends to support that view.

Dell is finally getting to be a good stock to own. If the stock can gain momentum, the revenues will also follow. IMHO, this has been a large part of Dell's success. A positive image (in great gains in stock price) adds fuel to the sales. The sales in turn push the stock up. Compaq is the victim of the opposite effect----bad stock to bad sales to bad stock-----leading to a poor image of its computer. IMHO, IT people are affected by stock moves (maybe on a subconsious level)in making business decisions as more and more people follow the market. The reality is no one wants to be associated with a loser.

I think Dell has finally turned the corner and should pick up steam. It is good that Michael Dell has been positive in public---it should put a positive picture on the stock and revenues. Strange but sales could be helped with this image.
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