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Technology Stocks : Dell Technologies Inc.

DELL 129.94

-6.2%

Dec 12 3:59 PM EST

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To: Grant C who wrote (9919)	7/17/1997 1:35:00 PM
From: jim kelley	of 176387

Re: DELL Upside IMO, DELL may not retreat in price. The split is comming up and DELL is approaching its most powerful quarter starting in August. INTC has stated that demand is very strong for PII and MMX products. DELL has the right product mix for growth. Also, DELL is one month further into the uptrend in sales than CPQ which reported in at the high end of estimates. Historically DELL has not retreated in price in late July or August for some number of years. So we will see soon enough. Jim

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