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Technology Stocks : Dell Technologies Inc.

DELL 126.42

+2.8%

Dec 19 9:30 AM EST

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To: JRI who wrote (138376)	8/3/1999 4:43:00 PM
From: stockman_scott	Read Replies (1) of 176387

<<Still think the nets are going down further..Old tech holding up relatively well.. >> john: I think you may be right....recently I got a little over-exposed to the internuts -- not the large caps but some of the others....In the long run it's not a problem since my ave. cost is quite reasonable on many of my internuts...the beta is VERY high on these stocks and many got way ahead of themselves....the Fund Mangers often are not used to the big swings and don't like the uncertainty....I feel that many of them have been trading the internets aggressively -- buying puts, shorting selectively and day trading....they are trying to make some quick money with all this fear in the market -- this may only be the younger, aggressive managers but it seems to be happening.... I would not worry about Cisco, Dell, Emc, Intel and other blue chip 'old tech' stocks.... I am about ready for this Hamptons' Correction to end....of course I have very little control over it <G>... Best Regards, Scott

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