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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (6245)4/6/1998 10:39:00 AM
From: Mengistu ejigu  Read Replies (2) of 18691
 
Dell Computer Coverage Initiated

AUSTIN, Texas, April 6 /PRNewswire/ -- David Barney, Technical Analyst for
Stock Investor Trading News ( sitn.com ) has initiated coverage of Dell
Computer Corp. (Nasdaq: DELL - news) to a ''Short Term Trading Sell.''

''Based on our analysis and our past experience we have decided to move to the
sidelines on Dell,'' says Mr. Barney. ''It seems that all the good news is already
factored into the stock price and that investors are starting to show signs of concern
for the boxmaker's. We expect to see the earnings estimates lowered as analysts
reevaluate the weakness in the PC market.''
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