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Technology Stocks : Dell's Daytraders Decision Site
DELL 146.68-1.7%Nov 7 9:30 AM EST
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To: Ming who wrote (653)8/10/1997 2:27:00 PM
From: Lucinos   of 1124
 
Ming,

I hope you are right. It is very likely that Dell will experience a
30% correction by the end of this year. However, no one can really know when the correction is going to be triggered. For Dell, the correction may be started from 80.00, 90.00 or even at 100.00. Actually, the higher is the starting point, the more significant will be the pull back. However, at this moment it is very hard to guess when this bigger one is really coming. It all depends on how well will be the busisness outlook for the coming Fall season. From my prospective, I don't see the current quarter result for the may-Jul is that important. The dominant factor for Dell will be the busisness outlook announced by Dell in the conference call for the next 2 quarters. If they are still bullish about themself (even UPS will be off busisness for more than 2 weeks), the correction for Dell might be postponed for another 2-3 months due to the short covering. Otherwise, we will see a real one in this month.

Paul L.
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