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Technology Stocks : Dell Technologies Inc.
DELL 114.64-1.1%3:59 PM EST

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To: Rene Madsen who wrote (31867)3/3/1998 4:53:00 PM
From: Andy Yamaguchi  Read Replies (2) of 176388
 
Dell broke technical resistance at 128 today in big volume. Also saw big block trading on Down tick. Not a good sign. CPQ news is hurting all PC makers, including DELL. Next resistance is at 120. Freed all my DELL holding today and made good profit on the trades but will jump in to buy more later if the trend changes. Predict Dell to be in weak side and getting worse before moving up. Dell is a good company and too bad that the big pictures for PC and semiconductor stocks are really bad now. TO make profit on Dell, we must watch PC outlook and CPQ's inventories problems. Price war is always bad thing.

Good trading.

Andy
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