DELL CLIMAX SITE Message Board

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Technology Stocks : DELL CLIMAX SITE

DELL 162.01

+0.6%

Oct 31 9:30 AM EST

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To: Keith Zhang who wrote (122)	8/1/1997 12:11:00 PM
From: Rio Jangada	of 158

86 1/2 held!!!! Was this the top? Has the tide turned? Earnings expectations and overall market euphoria are difficult to fight. However, the job news today is significant and as the overall market cools and investors come to their sense they'll wake up and discover that DELL is highly overvalued and at risk. The trend among analysts is to downgrade. This also is significant. Watch the herd mentality work to the downside. I'm short today. I take short term profits and stay partially in for the big fall. If it reverses and goes to new highs I'm prepared to short much more. RJ

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