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Technology Stocks : Dell Technologies Inc.

DELL 133.18

0.0%

12:59 PM EST

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To: Boplicity who wrote (142735)	9/24/1999 10:05:00 AM
From: TRCM	Read Replies (2) of 176387

Greg - Re <<<He shouldn't have made that comment>>> The equity markets will pounce on any excuse for a sell off. Any benign inflation data (CPI & PPI) has been met with guarded optimism at best, and any negative news leads to mass panic. The comments made yesterday, although somewhat inappropriate, were blown way out of proportion. Microsoft has a long history of talking down it's stock price for a variety of reasons...It was one man, not Greenspan, and one opinion...The reality is the markets are in correction mode, bear market sentiment will be riding high into the Oct 5th FOMC meeting...Classic over reaction on the down moves...As for the economy, I doubt there is anyone who would argue that there is something "wrong" with it, in fact it's just the opposite. Asian economic resurgence has led to the dollar/yen sell off, which has also fueled bearish sentiment. Let the panic subside, and locate the value...DELL should see good support between 41 and 42...I doubt we will see 40, FWIW.

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