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Technology Stocks : DELL Thread For BULLS and BEARS!
DELL 162.69-0.5%11:03 AM EDT

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To: Paul van Wijk who wrote (163)11/14/1997 1:18:00 PM
From: Michael Norton   of 198
 
Paul, the market is scared based upon the Iran thing in 1989 when the stocks got clocked. The only people who are buying are the institutions who will bail quick if the market retreats-like having a sell order that is bumped up as the stocks go up.In addition, based upon market conditions, the institutions (at least mine) have gone to
a three day order placement-buying positions in three blocks on three
positive days on the action of the stocks.This is day2, hopefully Monday is day3. The semiconductors I believe (INTC, AMAT etc)will lead us out based upon valuations.

Take care,

Michael
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