Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 150.41

-1.3%

11:16 AM EST

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To: DragonBoy who wrote (910)	10/15/1997 1:59:00 PM
From: Larry	of 1124

<<what is Mr AG will say....Voila! the stock correct itself.>> I was just thinking about what you wrote, and believe you are on to something there. I've thought the same thing and noticed the two bellweather stocks for the technology sector have undertaken to correct themselves. Billy did it with MSFT by announcing that his stock was too overvalued, and he wasn't even going to buy MSFT at these levels for the employees. And now Andy has given us the same thing with INTC - a "self correction" of sorts. Maybe if AG sees the market correcting and controlling itself, he'll be less worried about the "inflation in equity prices" thing that bothers him so much. I can't blame him for being concerned. If I was in his shoes, I'd be worried too. I wouldn't want the "crash of 1997" to happen while I was at the controls. <<I just like to take a little nice profit>> Nothing at all wrong with that. Sometimes I look at it as getting back some of the loss I put in there in the first place. In the case of DELL you are just getting back some of the funeral expenses for your mile post 138 bears. :o)

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