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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Venkie who wrote (147952)	11/24/1999 11:16:00 AM
From: Dell-icious	Read Replies (2) of 176387

S&P just announced DELL as their top "January effect" candidate, as per CNBC. Candidates were stocks that are off 16-53% off their highs, but are growing earnings faster than 18% for the next year. Usually these stocks sell off by end of November, and then are bought in early January for tax reasons (30 day wash sale rule); but investors are anticipating such moves, so the January effect has started occuring earlier, and should occur in December. Translation: DELL could see the (upside) breakout of its trading range before the end of the year. Dell-icious

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