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Technology Stocks : DELL CLIMAX SITE
DELL 154.64-3.4%Nov 4 3:59 PM EST

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To: jim kelley who wrote (15)7/24/1997 11:53:00 AM
From: Rio Jangada   of 158
 
Jim,
I am short DELL now and plan to short more when evidence of a top is more apparent. I envision a near term peak (bubble burst) followed by a bumpy trail down. The other alternative would be a long term stagnation to allow for P/E to come in line. But, I think this is doubtful, for if DELL fails to go up many will bail out. That's just the psychology of this type of mania.

Are you a long term holder? If so, at what price would you sell?

RJ
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