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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Patrick E.McDaniel who wrote (390)	11/7/1996 4:36:00 PM
From: jim kelley	of 176387

Re: DELL There is a group of traders who do not believe that DELL's earnings will be good enough. They do not believe that INTC good revenues and earnings will carry over to the box makers. DEC is a box maker and they are showing some weakness but they are not in the WINTEL mainstream. They will try to pick the top and short DELL. Also, there been a pretty good runup this week and there is the usual profit taking. The real question is where is a realistic top? I do not think we have reached it yet. The market is waiting now for the BTB and DELL's earnings. Just my opinion. Jim K.

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