Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 128.43

+0.6%

Dec 24 12:59 PM EST

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To: Larry who wrote (1012)	11/17/1997 1:33:00 PM
From: Hawkmoon	Read Replies (1) of 1124

Larry, While I agree that Japan may be a temporary sense of euphoria, I don't see where you find the double top. Which market are you talking about?? I'll be content to wait for DELL earnings next monday minus a meltdown in S. Korea or Saddam puffing up his chest again. We're currently above water again with regard to DELL. Expecting some profit taking tomorrow after the 15 point upside over the past 3 trading days, but still encouraged by the COMDEX news that will prop up most of the Technology sector. I agree that we are likely in a period of distribution in the Tech Sector, but my basic analysis tells me the box makers are in the best position to benefit from the pricing wars and over supply inherent in the computer component stocks. It places DELL and CPQ in a position to leverage their cost of components. What's your view? Regards, Ron

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