Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 125.96

-1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank Ellis Morris who wrote (137501)	7/23/1999 6:34:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

It is unfortunate to see so many of the good companies reporting great earnings exceeding street expectations only to get slammed because of a hostile federal reserve board. Nonsense! The Fed is not hostile. Stocks drop because shareholders sell. Some of the selling is done by institutions that use computers programs to determine their trading strategy. Another part of the selling is due to momentum players who are simply lemmings. Maybe a lot of people decided to take profits. Or maybe some people were spooked by the possibility of an irresponsible tax cut that might jeopardize the country's ability to pay down the national debt or even result in the elimination of the surplus. Or maybe some people decided to sell because of fear of eventual Y2K dislocations. And then again, some people may have decided to sell because it's July. CTC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next