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Technology Stocks : Dell Technologies Inc.
DELL 117.16-1.7%Feb 3 3:59 PM EST

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To: shiv who wrote (7951)6/2/1997 5:45:00 PM
From: William C. Spaulding   of 176388
 
Never short stock. Buy cheap puts, instead, if you think the stock is going down. You not only have the potential for much greater returns, but you strictly limit your risk.

I think that Dell will reach its nadir around mid-July. It will reach a local minimum around mid-June, after which it bob back up toward the end of the month, and then drop again. As I have said previously, companies are going to be coming out with earnings warnings. Seagate has just announced theirs, and I have no doubt that WDC and QNTM will come chiming in a little later. I believe Seagate reports quarterly results earlier than the others, so that's why their warning comes earlier. Nonetheless, you should take my above advice. Buy cheap puts, and sleep peacefully at night.
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