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Technology Stocks : Dell Technologies Inc.

DELL 132.42

-0.6%

12:21 PM EST

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To: jim kelley who wrote (26015)	12/22/1997 12:08:00 AM
From: Patrick E.McDaniel	Read Replies (1) of 176387

Jim, let me bounce a theory off of you. Dell started a deline in September. Buyers at that time purchased around $100/share. There were a lot of shares traded since then. Therefore these shareholders since September can offset gains earlier in the year on Dell and other stocks by selling Dell at a loss and minimize their taxes. This wave of selling has been in place since about the last time Dell was in the mid-90's my guess. This selling pressure will end with the beginning of the new year. If this is a dominate force right now then Dell and others like Intel should rally strongly in January. Your thoughts, Pat

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