Dell's Daytraders Decision Site Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell's Daytraders Decision Site

DELL 127.98

-1.0%

10:55 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Investor A who wrote (448)	7/27/1997 12:22:00 AM
From: Markus	of 1124

The best time for Dell is over ??? Come on people, it is not the end of the world for DELL. In fact the best is yet to come. What is the panic here. DELL just has a down day. We are not talking about a 20% drop in one day here. It's just a 4% drop. Considering DELL has only three down days in the month of July this is only investors want to take a little profit by unloading half of their DELL, due to the split. (Portfolio adjustment) Indeed the intraday drop looks scary. In less than 10 minutes the price drop from $172 to $160. To tell the truth it is pretty scary for me too. Every time I hit reload on my browser DELL price drop one point. I also try to bail out from DELL at 168, 167, 166, 165, but that E*TRADE server was so busy at that time, I was unable to get to the trading screen. So after it drops below 164 I just gave up and decide to ride it out till Monday. Today after a lot of thinking I think Investors just a little bit overeacted like me. There is no PC WAR. It was just in the media, they like sensation. Just imagine all the price cut by the boxmakers is inline with the lowered component cost. In fact today on Sunday, INTEL will chop the Pentium price by as much as 50%. What that means is Boxmaker will have bright second half. I think the prospect for DELL will be even brighter. I would not be surprise if we will experience a couple of dips in the coming weeks, due to some profit taking after the split. But remember the stock will be at warp speed one week before earning release and after the earning announcement...The best is yet to come. Bye Good Luck

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next