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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: Bill F. who wrote (166570)	8/22/2001 7:48:53 AM
From: Sig	Read Replies (2) of 176387

Bill: I think too many splits put control of stock prices in hands of the certain funds or speculators and the price became disconnected to company performance. My guess- they hold the stock and sell covered calls or puts. Last month a move from 23 to 28, this month a move from 28 to 23. Beautifull profits, and almost guaranteed since tech stocks go down when reporting earnings and we were not looking at blow-away earnings this quarter Dell has a bottom- if Dell cant "make it" in this environment then no computer company can. Everyone is talking about a recovery, well this is the recovery. Taxes, utilities, cars, and mortgages are costing more and high-paid jobs are disappearing. We will all be shopping at the cheap stores -Target or K-Mart or Walmart. So the big names who planned to expand are in trouble. So I dont expect Dell to move much soon, and the November report will not look good either in comparison to last year. I will place my bets for later on, in the 03,04 Leaps. Sig

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