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Technology Stocks : Dell Technologies Inc.

DELL 151.47

-0.6%

2:27 PM EST

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To: Mike Harkness who wrote (211)	9/20/1996 8:33:00 PM
From: Kevin Lee	of 176387

Mike, I sold my shares today at $86. I used part of the profit to buy 45 Oct 75 put contracts at $1. Dell is a good company just like Toyota Camary is a good car. But if someone tell me that I have to pay 40K for a Toyota, I would rather buy a MBZ. I will not pay $87 for a share of Dell. The risk is too high to make $10 or $15 profit. Here is something to share with everybody: NEW YORK, Sept 20 (Reuter) - Dell Computer Corp said on Friday it did not know why its stocks was up strongly in active trade. "There is no reason that we can see. There is no news. We're all just sitting here watching it go up," said Lisa Pearson, a spokeswoman for Dell. The stock was up 4-1/8 at 87-1/4 amid a general rally by PC makers. Walter Winnitzki, who covers the stock for Dillon Reed, said there was no specific piece of news that could account for the move in Dell. "The whole group is up. While there is no news specific for today, it all boils down to the fact that fundamental trends are very positive for Dell," he said.

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