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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: Keith Zhang who wrote (24)7/24/1997 10:37:00 PM
From: Rio Jangada   of 158
 
Keith,
Thanks for the support.
I feel that the top is very near. Many long-term holders are divesting and newcomers will panic at the first crack. DELL has done very well and has taken market share from CPQ and other big producers. But, what does the future hold? There is nothing to ensure that this trend will continues, no monopoly exists and many competitors are ever more hungry for DELL's share. Many good imitators will emerge.

The stock price will lead. The bad new will come later. And it doesn't have to be real bad news just something less then stupendous news. Many are have their ears tuned to Michael Dell, as if he is going to be the first to tell them when to sell. In this type of bubble it is the stock price that will lead. Very soon.

RJ
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