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Technology Stocks : Dell Technologies Inc.

DELL 129.98

-6.2%

Dec 12 9:30 AM EST

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To: kemble s. matter who wrote (18432)	10/17/1997 11:00:00 AM
From: Jack T. Pearson	of 176387

Kemble, Sorry that you bought CPQ (probably on my advice) just before the fall. I had better luck. I assumed that Compaq had a very good quarter (CORRECT), that manufacturing efficiencies would permit high margins on low cost computers (CORRECT), and that the stock would run before and after earnings (WRONG). So on Wednesday, I sold DELL and tried to buy CPQ. Funny thing happened on my way to the market: I told my broker to buy CPQ at the market. He entered the order at the last sale price of 76 1/2 (as a stop order). CPQ moved up so quickly Wednesday, that the order never filled, but I didn't know that! When I found out today, CPQ was at 71 1/2 and going down. DELL down too. How did I get to be so blessed? Jack

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