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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: SecularBull who wrote (31718)3/2/1998 6:55:00 PM
From: Sabrejet  Read Replies (2) of 176387
 
As a purpose for discussion, we often see these runs in a stock before a set split. I remember DELL back at 163 pre-split and felt it was quite overextended at that time only to see it take off again.

How many people who so called couldn't afford this at 140 will buy in at 70? Look at MSFT. I bought that @154 (77) and watched it touch 86 172)! Now come on. Other than the split, why would this go to 172 in such a small time frame?

A company doing well and a companies stock doing well are two different issues. Dell's stock is doing well and if history says one thing, shorting this stock now is quite a risk. I remember many out there screaming sell at 160 (80 currently). That was 56 points ago. Whoever was short back then has got to be nuts if they haven't covered.

I am out of the prediction business but one has to believe the companies stock is still quite healthy and splitting may be the only way to drive the price of this down.

seczebra
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