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Technology Stocks : Dell Technologies Inc.
DELL 119.24+0.6%12:43 PM EST

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To: Mike Van Winkle who wrote (156193)4/8/2000 2:51:00 PM
From: TTOSBT  Read Replies (2) of 176387
 
Mike it doesn't look like DELL will travel much higher?

Shares of Dell Computer (DELL: news, msgs) are 3 5/8, or 7 percent ahead, to 55 3/16. The company held an analyst meeting on Tuesday, and analyst Steve Fortuna of Merrill Lynch said Dell's enterprise business stands to benefit significantly as the market moves to Windows 2000 and Linux. Fortuna added that the company reaffirmed his conviction in the size and scope of its Internet infrastructure and enterprise opportunity. On Monday, the stock fell 4.4 percent after the box maker unveiled its Internet strategy. According to analyst Walter Winnitzki at Chase H&Q said that although the initiatives should lead to higher valuations, he thinks the recent run up in the stock tied to signs of recovery in sales momentum "may have already discounted a lot of favorable news."

Shorts increased back to were they were in December 1999. Don't like it.

viwes.com
TTOSBT
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