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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: James Fink who wrote (36871)4/7/1998 1:23:00 PM
From: JKC  Read Replies (2) of 176387
 
There is blood on the screen everywhere

I guess today belongs to the bears. You could have bet on any stock going down today and would have been a winner. I was very pleased to see that Dell was only down slightly when you compare it to some strong stocks like LLTC. This could only mean that most share holders believe that the price is reasonable and everyone is waiting to see the stock cross the resistance point of $69 to $71 which could happen when they announce news on Thursday. With the strong leaks about the server and Europe business being so strong, IMO they will exceed last quarter sales very easily since the servers are more expensive and more profitable.

IMO the CPQ price wars was the best thing for Dell. These price wars will kill many smaller clone manufactures that hold 75% of the market. These smaller clones do eat away at some of the local business market since that can service their local market. But who would you buy CPQ or a no name clone with CPQ prices so low? So when the dust settles and there are only a few left standing, where do you put your money? I am sticking with Dell. So if the stock only doubles this year instead of triples or quadruples, how can I complain.

Go Dell

JKC
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