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Technology Stocks : Dell Technologies Inc.

DELL 119.41

-2.7%

Nov 19 3:59 PM EST

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To: B Hewson who wrote (25259)	12/15/1997 10:19:00 PM
From: McNabb Brothers	Read Replies (1) of 176387

Barbara, We are still short AOL, CPQ, DELL, CTXS, PSFT, VIAS, YHOO, and ZITL by way of naked calls or straight short the stock! For the coming year my favorite stocks would be AOL and YHOO, for they are the ones that could have the biggest drops! At the same time they may hold up or even go up for awhile, so one needs alot of guts and money in reserve to add to the shorts if they continue to rise! Still believe ZITL will go to $5 or less! CTXS looks like it is realing breaking down on the charts along with DELL and CPQ! I was really amazed that the DOW was as stronge as it was with the OTC was so weak! Tells me we are having a flight to quality, but I'm afraid some of these people that feel they have to be invested 100% long will get hurt very badly before it's all over! Flight to quality to me is short term US T-Bills! At this point in the stock market I would be more concerned with the return "of" capital as opposed to the return "on" capital! Hank

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