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Technology Stocks : DELL Bear Thread
DELL 135.98+3.0%Dec 2 3:59 PM EST

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To: Moominoid who wrote (650)5/15/1998 12:46:00 PM
From: Bruce L  Read Replies (3) of 2578
 
Why is it that on this Dell bear thread, no one even comments on the drop of $3 3/4 today? Do you people think its just nervousness before earnings are announced Monday? That the stock will bounce later in the day?

I don't think so and I've been carefully watching the tape all morning. Once it broke through 95 it was all downhill from there -without any real strength to the rallies. Just like yesterday when the stock hovered around 97 1/2 for most of the day until pulling back sharply. This stock is now acting very weak on pretty substantial volume. In part the bad news from HWP has something to do with it, but I think there may be more to it. Maybe insiders getting out when the getting is good?
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