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Technology Stocks : Dell Technologies Inc.
DELL 146.68-1.7%Nov 7 9:30 AM EST
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To: D.J.Smyth who wrote (171600)11/14/2002 5:19:24 PM
From: GVTucker  Read Replies (2) of 176387
 
On 2 Oct, when DELL preannounced better than expected results, the stock was at $25 and change.

The only reason for the rise to almost $31 was because expectations had risen beyond where DELL preannounced.

Suit yourself, if expectations had only risen to where the earnings announcement actually was, then the stock would have risen to only $30 instead, about where it is.

Forgive the market, it's not perfect.
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