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Technology Stocks : Dell's Daytraders Decision Site
DELL 120.60+1.8%Jan 9 9:30 AM EST

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To: Greg Butcher who wrote (202)7/15/1997 4:09:00 PM
From: Larry   of 1124
 
Greg

It looks like the 1000 dollar printing press slowed down today. I got off the long train @ 144 1/4. Like you said <<I think we have reached the top>>. We may see a 3/8 to 1/2 point rise each day between now and Friday just to make things look good, but for the most part it appears as if she's dug in for the split.

I found a better chart and was able to take a closer look at last year's split. I saw this: 11/25/96 (split date) the stock closed at 50 7/8. It enjoyed a 15 day run up to 59 5/8, where it topped out, and fell for the next 15 days to 51 1/4. (close to where it started at the split). I don't know how useful this information is, because, like you say, DELL is a different company now. Many of the techincal indicators I look at point to a fall, but then again, this is DELL, a stock with a mind of its own. Just keep a close eye on things when you buy back in.

Hope you are enjoying your sailing and have a good supply of those purple umbrellas for your drinks. Amazon.com found that book for me - can't wait to read it.

Thanks again,
Larry
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