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Technology Stocks : Dell Technologies Inc.

DELL 117.79

-1.4%

1:57 PM EST

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To: the Druid who wrote (25268)	12/15/1997 11:57:00 PM
From: Sig	Read Replies (2) of 176387

Druid : <<< Is today's rise a blip in a general down turn in tech or have we seen the bottom?>>> Calling the bottom in a bruised and bleeding stock market like today is IMO impossible, but I think we are close to the bottom. Is the tech sector finished as an investment ??? No way It will come roaring back sometime,but like those 500 car companies that existed in the twenties, many will stuggle or get bought out,leaving only the tough(or lucky) as good investments. Dell is one of the toughest, thrives in a price-cutting environment. I concur with others estimates of the 81 or 82 bottom for Dell. CSCO is looking good to me at the moment. Like many, though, I am mostly in defensive posture, and buying only on dips. On the bad earnings of MUI etc, I don't believe we will see much affect, as the big boys earnings are looked at much closer. That late tanking at about 2PM was apparently caused by the bond market problem (higher rates). Sig

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