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Technology Stocks : Dell Technologies Inc.

DELL 152.40

-1.5%

Nov 5 3:59 PM EST

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To: D.J.Smyth who wrote (164310)	3/7/2001 11:45:17 AM
From: A.L. Reagan	Read Replies (2) of 176387

Smyth, it would be pretty smart to be long DELL at $20 and dumb to be short at that price. The long-term potential is too good for DELL. Likewise, when a stock goes up based on "hope" then odds are it is a good short candidate. Abby Jo is the queen of hope. Look at her calls in early fall for the y/e S&P 500. LOL! Abby Jo is not paying much attention to Europe and Asia either. As I posted my short is a S/T position trade only, and so far I'm up 5% in 24 hours. Stops set now at original buy-in price. W/r/t DELL they have a problem similar to some of the telco equip systems houses in that the % sales mix of flat to declining growth legacy products (in this case desktops) exceeds that of growing areas (in this case servers, storage, and laptops). Plus, Dell Ventures has some write-offs to come, methinks.

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